Discourse analyses and expert interviews about climate engineering (CE) report high levels of reflectivity about the technologies' risks and challenges, implying that CE experts are unlikely to display moral hazard behaviour, i.e. a reduced focus on mitigation. This has, however, not been...

Stratospheric aerosol injection (SAI) is a climate engineering method that is reputed to be very effective in cooling the planet but is also thought to involve major risks and side effects. As a new option in the bid to counter climate change, it has attracted an increasing amount of research...

This paper studies wildfires in California from 2000 to 2018 using comprehensive merged dataon fires, mortgage and property characteristics, and weather. We find a significant increase in mortgage delinquency and foreclosure after a fire, but these effects decrease in the size of the fire,which...

Stratospheric aerosol injection (SAI) is a climate engineering (CE) method that is reputed to be very effective in cooling the planet but is also thought to involve major risks and side effects. As a new option in the bid to counter climate change, it has attracted an increasing amount of...

"Moral hazard" links geoengineering to mitigation via the fear that either solar geoengineering (solar radiation management, SRM) or carbon dioxide removal (CDR) might crowd out the desire to cut emissions. We test moral hazard versus its inverse in the first large-scale, revealed-preference...