Solar Geoengineering, Learning, and Experimentation

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Andrew Lockley

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Feb 14, 2021, 1:21:12 PM2/14/21
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Solar Geoengineering, Learning, and Experimentation
David L. Kelly, Garth Heutel, Juan B. Moreno-Cruz, and Soheil Shayegh
NBER Working Paper No. 28442
February 2021
JEL No. D83,Q54
ABSTRACT
Solar geoengineering (SGE) can combat climate change by directly reducing temperatures. Both
SGE and the climate itself are surrounded by great uncertainties. Implementing SGE affects
learning about these uncertainties. We model endogenous learning over two uncertainties: the
sensitivity of temperatures to carbon concentrations (the climate sensitivity), and the
effectiveness of SGE in lowering temperatures. We present both theoretical and simulation results
from an integrated assessment model, focusing on the informational value of SGE
experimentation. Surprisingly, under current calibrated conditions, SGE deployment slows
learning, causing a less informed decision. For any reasonably sized experimental SGE
deployment, the temperature change becomes closer to zero, and thus more obscured by noisy
weather shocks. Still, some SGE use is optimal despite, not because of, its informational value.
The optimal amount of SGE is very sensitive to beliefs about both uncertainties.
w28442.pdf

Renaud de RICHTER

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Feb 14, 2021, 1:49:12 PM2/14/21
to Andrew Lockley, juan.mor...@uwaterloo.ca, sohe...@gmail.com, ghe...@gsu.edu, dke...@miami.edu, geoengineering
Does the author's conclusions apply to "cool roofs", "bright water - hydrosols", and "marine cloud brightening"?
The title, abstract and conclusions are unclear.

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