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Geoengineering: The Gamble

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Stabilizing the world’s climates means cutting carbon dioxide pollution. There’s no way around it. But what if that’s not enough? What if it’s too difficult to accomplish in the time allotted or, worse, what if it’s so late in the game that even cutting carbon emissions to zero, tomorrow, wouldn’t do?

Enter solar geoengineering. The principle is simple: attempt to cool Earth by reflecting more sunlight back into space. The primary mechanism, shooting particles into the upper atmosphere, implies more pollution, not less. If that doesn’t sound scary, it should. There are lots of risks, unknowns, and unknowables.

In Geoengineering: The Gamble, climate economist Gernot Wagner provides a balanced take on the possible benefits and all-too-real risks, especially the so-called “moral hazard” that researching or even just discussing (solar) geoengineering would undermine the push to cut carbon emissions in the first place. Despite those risks, he argues, solar geoengineering may only be a matter of time. Not if, but when.

As the founding executive director of Harvard’s Solar Geoengineering Research Program, Wagner explores scenarios of a geoengineered future, offering an inside-view of the research already under way and the actions the world must take to guide it in a productive direction.

Author: Wagner Gernot
Publisher: POLITY PRESS
Pages: 208
ISBN: 9781509543069
Cover: Paperback
Edition Number: 1
Release Year: 2021

Preface: Start here—But don’t start with geoengineering

Part I: Incentives

1. Not if, but when

2. What could possibly go wrong?

3. The drive to research

Part II: Scenarios

4. ‘Rational’ climate policy

5. A humanitarian cyclone crisis

6. Millions of geoengineers

Part III: Governance

7. Green moral hazards

8. Research governance

Epilogue: The inevitable gamble

Bibliography

Notes

Gernot Wagner teaches climate economics at NYU, co-authored Climate Shock, and writes Bloomberg’s Risky Climate column. He was the founding executive director of Harvard’s Solar Geoengineering Research Program and served as lead senior economist at Environmental Defense Fund. His writings appear frequently in the New York TimesWall Street JournalWashington PostForeign AffairsForeign PolicyThe AtlanticTIME, among many others. Follow his work at gwagner.com

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