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So the hazard of doing controlled tests is that we end up using the technology? The risk of not doing the experiment is that we don't use the technology in a co
by monkeydreams 6y ago
So the hazard of doing controlled tests is that we end up using the technology? The risk of not doing the experiment is that we don't use the technology in a controlled fashion and end up having to use it in a panic? That is the world making the same mistake we made with nuclear power in the eighties and nineties.
- neolog 6y ago> when an entity has an incentive to increase its exposure to risk because it does not bear the full costs of that risk https://en.wikipedia.org/wiki/Moral_hazard https://en.wikipedia.org/wiki/Moral_hazard
- monkeydreams 6y ago> when an entity has an incentive to increase its exposure to risk because it does not bear the full costs of that risk This is an experiment. It does not constitute a moral hazard. How about, rather than posting a wikipedia page, you explain HOW this is a moral hazard and how shutting down an experiment is the better move? The greater moral hazard is the one where protestors shut down the testing and we are impacted negatively by climate change as a result. We have seen this with nuclear power, where delays in development and rollout of safer nuclear power have led us to our current scenario where coal stations are still being planned and built.
- neolog 6y agoI dunno exactly how the argument goes. You could probably come up with one or two though.