{"id":29918,"date":"2017-03-03T00:56:00","date_gmt":"2017-03-02T23:56:00","guid":{"rendered":"https:\/\/www.sonnenseite.com\/science\/climate-change-restrictions-in-research-can-be-rational-under-specific-conditions.html"},"modified":"2017-03-03T00:56:00","modified_gmt":"2017-03-02T23:56:00","slug":"climate-change-restrictions-in-research-can-be-rational-under-specific-conditions","status":"publish","type":"post","link":"https:\/\/www.sonnenseite.com\/en\/science\/climate-change-restrictions-in-research-can-be-rational-under-specific-conditions\/","title":{"rendered":"Climate Change: Restrictions in Research Can Be Rational Under Specific Conditions"},"content":{"rendered":"<p>Lowering the consequences of climate change by reducing the amount of solar radiation the earth receives (Solar Radiation Management, SRM) has been controversially discussed in science since about 10 years.<\/p>\n<p> <!--more--> <\/p>\n<p>Even the mere idea of SRM and research on it may have far-reaching  consequences on climate policies. An interdisciplinary team of experts  from environmental economics and meteorology under the lead of the Kiel  Institute and the University Kiel has analyzed, under which conditions  open ended SRM research should be done. The study has been published in  the Journal of Environmental Economics and Management.<\/p>\n<p>Solar  radiation management (SRM) receives increasing attention as a means of  last resort to combat dangerous climate change. Yet, there is a vivid  debate about its uncertain effectiveness and potential harmful side  effects. This is because the application of SRM measures fails to  mitigate part of the damage resulting from increased atmospheric carbon  concentrations (e.g., ocean acidification) and also may involve several  inherent side effects, ranging from the reduced occurrence of blue skies  to alterations of the hydrological cycle. The discussion on the  question whether or not to conduct SRM research centers around the  arguments that such research could create a &ldquo;slippery slope&rdquo; that leads  to eventual deployment and the &ldquo;moral hazard&rdquo; that the expectation of a  so-called &ldquo;easy fix&rdquo; for the climate change problem may undermine  emission control. Based on such arguments, a prominent proposal in the  governance debate about climate engineering SRM research is to establish  a (temporal) ban on certain research activities, in particular those  involving field testing of SRM technologies.<\/p>\n<p>Within the research  priority program &ldquo;Climate Engineering &ndash; Risks, Challenges,  Opportunities?&rdquo; funded by the German Research Foundation (DFG), an  interdisciplinary team of experts from environmental economics and  meteorology has developed an intergenerational decision theory about SRM  research under uncertain climate damage and uncertainty in SRM efficacy  and harmfulness. The framework allows to analyze the effect of  increased likelihood of deployment due to research (&ldquo;slippery slope&rdquo;),  and the effect of decreased emission control effort when anticipating  potential deployment of SRM (&ldquo;moral hazard&rdquo;). In contrast to much of the  literature, the present study considers open-ended research, which may  also reveal that SRM is not a viable option (harmful or ineffective).  The analysis shows that only under two conditions it would be rational  to abstain from open-ended SRM research (e.g. field tests), namely i)  time-inconsistent decision-making and (ii) sufficiently small prudence.<\/p>\n<p>i)  Time-inconsistent decision making means, loosely speaking, that the  current generation does not trust in the emission control decisions of  future generations. Not conducting SRM research, and thus depriving the  future generations from information about SRM, may force them to  increase emission control.&nbsp; The authors find that time-inconsistent  decision-making is a necessary condition for the current generation not  to perform SRM research. This type of time preferences has been  considered in the usual debate on the social cost of carbon and  mitigation intensity, but has so far not played an important role in the  debate on SRM research.<\/p>\n<p>ii) Open-ended research allows for an  outcome that rules out the SRM option, because it turns out to be  ineffective or to generate harmful side-effects. In this outcome, the  next generation will increase emission control effort compared to the  case where they have no extra information about safety or harmfulness of  SRM. Economists measure the magnitude of such an effect by a preference  parameter called &ldquo;prudence&rdquo;. For a high degree of prudence, the second  generation&rsquo;s abatement effort, on average over the different outcomes of  SRM research, will be larger than abatement effort without information  about the safety or harmfulness of SRM. In this case, the first  generation would like to provide information about SRM even under  time-inconsistent decision-making. The authors therefore find that a  small prudence is a second necessary condition for the current  generation not to perform SRM research.<\/p>\n<p>&ldquo;A definite answer to  the question whether or not to conduct SRM research is beyond the scope  of our study&rdquo;, says Wilfried Rickels, environmental economist at the  Kiel Institute for the World Economy. &ldquo;Yet, personally I would favor  time-consistent decision-making, and prudence is traditionally deemed a  virtue. Our analysis shows that these conditions favor a decision for  open-ended research.&rdquo;<\/p>\n<p>The original study has been published  online in the latest issue of Journal of Environmental Economics and  Management, volume 84, Pages 1&ndash;17, <a href=\"http:\/\/dx.doi.org\/10.1016\/j.jeem.2017.02.002\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/dx.doi.org\/10.1016\/j.jeem.2017.02.002<\/a>.<\/p>\n<h5 class=\"green\">Source<\/h5>\n<p><a href=\"http:\/\/www.ifw-kiel.de\" target=\"_blank\" rel=\"noopener noreferrer\">Institut f&uuml;r Weltwirtschaft (IfW) 2017<\/a><\/p>\n<div class=\"shariff shariff-align-flex-start shariff-widget-align-flex-start\"><div class=\"ShariffHeadline\">Diese Meldung teilen<\/div><ul class=\"shariff-buttons theme-round orientation-horizontal buttonsize-medium\"><li class=\"shariff-button facebook shariff-nocustomcolor\" style=\"background-color:#4273c8;border-radius:1%\"><a 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