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Hello all,
On behalf of my co-authors, I'd like to share a newly published study looking at moral hazard in the use of geo-engineering. LIke most existing studies we don't find evidence that traditional mitigation declines in light of the availability of geo-engineering. We do identify a phenomenon we call moral hazard anticipation, where leaders are reluctant to deploy (simulated) geo-engineering because they anticipate that it will trigger moral hazard.
Here's a link that allows ungated access until May 14th: