This paper puts forward two claims about funding carbon capture and storage. The first claim is that there are moral justifications supporting strategic investment into CO2 storage from global and regional perspectives. One argument draws on the empirical evidence which suggests carbon capture and storage would play a significant role in a portfolio of global solutions to climate change; the other draws on Rawls' notion of legitimate expectations and Moellendorf's Anti-Poverty principle. The second claim is that where to pursue this (...) strategic investment poses a morally non-trivial problem, with considerations like near-term global distributive justice and undermining legitimate expectations favouring investing in developing regions, especially in Asia, and considerations like long-term climate impacts and best uses of resources favouring investing in the relatively wealthy regions that have the best prospects for successful storage development. [Open access]. (shrink)

ABSTRACTThis article offers a constructive critique of the Oxford Principles for the governance of geoengineering and proposes an alternative set of principles, the Tollgate Principles, based on that critique. Our main concern is that, despite their many merits, the Oxford Principles remain largely instrumental and dominated by procedural considerations; therefore, they fail to lay the groundwork sufficiently for the more substantive ethical debate that is needed. The article aims to address this gap by making explicit many of the important ethical (...) questions lurking in the background, especially around values such as justice, respect and legitimacy. (shrink)