Perspective

Risk-Risk Analysis and SRM: Moving Beyond Misunderstanding

In this Perspective, Mark Borsuk, Tyler Felgenhauer, and Jonathan Wiener address four critiques of risk-risk analysis as applied to sunlight reflection methods (SRM), and explain how this framework can inform SRM discussions.

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Photo: Firdous Nazir via Reuters Connect

Cite this perspective

Risk-risk analysis (RRA), sometimes called “multi-risk analysis,” is a framework for comparing how policy options change risks – reducing some risks while potentially increasing others, or shifting them across populations.1 All too often, decision-making is siloed, focusing narrowly on one risk or opportunity. By adopting a broad scope that explicitly considers multiple risks and trade-offs, RRA widens policy analysis beyond a narrow focus toward a more comprehensive or holistic analysis of multiple outcomes in complex systems.

Further, RRA can go beyond evaluation of one policy option or intervention to compare the multiple risks associated with alternative future scenarios in which alternative decisions are pursued. A comprehensive RRA seeks to help decision makers account for multiple policy paths and their interactions, indirect effects, distributional consequences, and dynamic system responses, even though many of these complexities can be difficult to assess fully in practice. RRA thus helps overcome siloed thinking, advancing more holistic analyses of complex systems.2 The RRA framework is well established and has been used to improve policy analysis in food safety, transportation, mental health, environmental protection, and many other domains.

Risk-risk analysis

The deployment of sunlight reflection methods (SRM) would come with risks. More comprehensive forms of risk-risk analysis can provide a broader perspective on the policy options available. A look at three levels of analysing SRM risks:

“SRM is risky.”

Considering only the risks of SRM would provide only a narrow assessment.​

SRM

“How do SRM risks compare to climate change?”

A simple risk-risk analysis would compare the risks of SRM against the risks of climate change without SRM, all else equal.​

vs.

CLIMATE CHANGE WITH SRM

CLIMATE CHANGE WITHOUT SRM

“What about other options and impacts?”

Assessing SRM as part of a broader portfolio of climate policy options would be more thorough.​

SRM

Governance challenges

Carbon dioxide removal

Distributional impacts

Mitigation

Adaptation

Dynamic interactions

Uncertainty

Indirect effects

Public behavior

A comprehensive risk-risk analysis would go further, considering broader implications and complexities​.

Source: SRM360, Mark Borsuk,

Tyler Felgenhauer, Jonathan Wiener

“SRM is risky.”

Considering only the risks of SRM would provide only a narrow assessment.​

SRM

“How do SRM risks compare to climate change?”

A simple risk-risk analysis would compare the risks of SRM against the risks of climate change without SRM, all else equal.​

CLIMATE CHANGE WITH SRM

CLIMATE CHANGE WITHOUT SRM

vs.

“What about other options and impacts?”

SRM

Governance challenges

Carbon dioxide removal

Distributional impacts

Mitigation

Assessing SRM as part of a broader portfolio of climate policy options would be more thorough.​

Adaptation

Uncertainty

Indirect effects

Public behavior

A comprehensive risk-risk analysis would go further, considering broader implications and complexities​.

Dynamic interactions

Source: SRM360, Mark Borsuk, Tyler Felgenhauer, Jonathan Wiener

In the evaluation of strategies to address climate change, RRA can help policymakers and the public better understand the implications of multiple paths forward.3 Although climate policy options such as deep reduction of greenhouse gas emissions, large-scale carbon dioxide removal, widespread adaptation, and SRM might each or jointly reduce climate risks, they could also introduce new risks, both climate and non-climate related.4 RRA provides a systematic approach to identifying these multiple risks, comparing their importance, and developing policy options to reduce overall risk.

Many of the recent critiques of RRA as applied to SRM adopt a narrow interpretation of RRA as a static, technocratic comparison between the risks of SRM and the risks of climate change without SRM.5,6 This leads to the mistaken view that RRA inherently privileges SRM over other climate policy options, overemphasizes quantifiable risks while discounting qualitative ones, and disregards the importance of public values and ethics. But these are misunderstandings of RRA.

Here we examine several critiques of applying RRA to SRM and clarify important differences between narrower and broader conceptions of RRA, focusing on four dimensions: the policy options to be evaluated, the risks to be considered, the means for comparing options, and the implications of including SRM in an analysis.

Critique #1: The mistaken view that applying RRA to SRM inherently ignores other climate policy options.

Some critics worry that applying risk-risk analysis to SRM implicitly narrows the policy conversation by focusing attention on SRM while sidelining other possible responses to climate change. Actually, a well-designed RRA does the opposite: it compares multiple options and their diverse impacts, rather than narrowly focusing on any single option or impact in isolation.

RRA does not frame climate policy as a binary choice between deploying SRM and enduring worsening climate change. RRA does not inherently compare SRM risk only against climate risk. Instead, RRA analyzes the multiple risks affected by multiple policy options: it encourages evaluation of a broad set of pathways, expanding the space of options rather than narrowing it. These pathways may include more ambitious mitigation of greenhouse gas emissions, large-scale carbon dioxide removal, widespread adaptation, SRM, and combinations of these strategies within a larger policy portfolio.

Each option carries its own profile of risks and potential benefits, which may interact, substitute for, or reinforce one another. Different interventions may also reshape incentives, institutions, technological development, geopolitical dynamics, and future policy choices, thereby influencing subsequent risks and responses in dynamic ways. Just as SRM may have these effects, so too may ambitious greenhouse gas mitigation or carbon dioxide removal. This is why RRA emphasizes evaluating them together, recognizing that no single intervention will be sufficient or free of trade-offs. By comparing multiple risks across multiple options, RRA helps ensure that important choices are not obscured and unfamiliar risks are not overlooked.7

Critique #2: The concern that RRA overemphasizes quantifiable risks and understates qualitative ones.

Some critics of RRA assert that it is impractical to compare the risks of SRM with those of climate change, especially across social, political, and environmental dimensions. But RRA can explicitly consider such diverse risks, including those that are not easily quantified. The sociopolitical risks of SRM, such as mitigation displacement, international conflict, termination shock, and governance failure, may be harder to quantify, but must still be taken seriously and compared along with biophysical risks that are more amenable to quantification.

RRA calls for all of these risks to be included in analysis, helping decision makers and the public overcome siloed neglect of important impacts, while also recognizing the challenge of analyzing some risks, and motivating improved methods for understanding and assessing them.3 A core strength of RRA is its ability to identify unintended effects and illuminate trade-offs among risks that differ widely in nature, uncertainty, and measurability. Indeed, recent work employing RRA has prominently emphasized the geopolitical risks and governance challenges of SRM.7

Critique #3: The misconception that RRA is technocratic and omits public values and ethics.

Some critics worry that structured risk analysis can crowd out ethical reflection. Yet, values and ethics are integral to RRA. Indeed, reducing risk is itself an ethical commitment.8 Identifying and mitigating harms, especially for vulnerable communities, is not a retreat from moral reasoning but an expression of it. Because policy choices inevitably involve complex and interacting risks, simple moral rules that may initially appear attractive can overlook important trade-offs. Structured comparison helps make those trade-offs visible so they can be debated openly.

The RRA framework compares not only the probability and consequence of each risk but also their timing, uncertainty, distribution across communities, valuation, and acceptability.9 Decisions about SRM confront important uncertainties and contested values. RRA is not a prescriptive decision rule, nor does it impose a single metric or value system. It supports diverse evaluative approaches, including cost–benefit analysis, multi-criteria analysis, precautionary reasoning, justice-oriented frameworks, and goal-based approaches.10

Some critiques propose participatory inclusion as an alternative to structured policy analysis such as RRA. But RRA and meaningful participatory inclusion are not in conflict. Rather, they are mutually supportive. RRA informs public deliberation by identifying who may be affected and how. Hence RRA is actually necessary for successful democratic participation. Without a systematic framework to identify multiple impacts comprehensively, it would be unclear which groups need to be included; an ostensibly participatory process might just privilege the most visible risks or the loudest voices (or the leanings of the process organizer) while neglecting impacts that are less prominent or that disproportionately affect marginalized groups. Indeed, overcoming the problem of “omitted voices” and “disregard” is one of the foundational goals of RRA.7,11

Critique #4: The claim that conducting RRA on SRM is an implicit endorsement of SRM.

A fourth critique suggests that analyzing the risks of SRM implicitly legitimizes or endorses it. This interpretation conflates analysis with advocacy. Nothing in the RRA framework assumes that SRM is desirable or inevitable. Indeed, RRA studies of SRM have helped draw attention to the potential risks of SRM.3

Excluding SRM from RRA, or precluding RRA of SRM, does not eliminate the possibility that SRM might be pursued (by someone, whether collectively or unilaterally). Ignoring risks in complex systems does not make them disappear. Indeed, avoiding the careful evaluation offered by RRA may instead increase the risk of unilateral, hasty, and poorly governed SRM deployment. Structured comparison of multiple risks and options is especially important when policy choices may have global consequences and long time horizons. By making competing options, risks, uncertainties, and assumptions more explicit, RRA supports more informed, transparent, and accountable decision-making and governance.

As the world surpasses 1.5°C of anthropogenic global warming, and as interest in SRM rises, options for SRM must be evaluated with careful expertise, ethics, democratic participation, and precautionary scrutiny. Risk-risk analysis (RRA) helps highlight the multiple benefits, risks, trade-offs, and uncertainties involved, supporting more comprehensive understanding, more inclusive participation, and more transparent and sensible decision-making.

Far from favoring SRM or any one policy option, appropriately broad formulations of RRA help guard against unexamined assumptions, neglected impacts, omitted voices, policy polarization, and hasty decisions. By incorporating sociopolitical as well as biophysical risks, RRA enables more inclusive and informed governance.

Choosing not to evaluate SRM through structured multi-risk comparison will not eliminate its potential harms – it will only make them harder to anticipate and mitigate.

The views expressed by Perspective writers and News Reaction contributors are their own and are not necessarily endorsed by SRM360. We aim to present ideas from diverse viewpoints in these pieces to further support informed discussion of SRM (solar geoengineering).

Mark Borsuk is the James L. and Elizabeth M. Vincent Professor of Civil and Environmental Engineering at Duke University, and co-director of the Duke Center on Risk, where he leads research at the intersection of risk analysis, decision science, and environmental systems. His work focuses on improving decision-making under uncertainty, particularly in the context of climate risks, infrastructure, and resilience. He develops data-driven and modeling approaches to evaluate tradeoffs and inform policy and planning.

Tyler Felgenhauer is a Senior Research Scientist at Duke University and the Research Director of the Duke Center on Risk. He also helps to run the Solar Geoengineering Research Project at Resources for the Future (RFF). Tyler’s current research focus is on understanding the risks, benefits, and societal implications of SRM under different policy-relevant scenarios, and how to make governance design and other decisions based on these insights.

Jonathan Wiener is the William R. Perkins Professor of Law, and Professor of Public Policy and Environmental Policy, at the Law, Sanford and Nicholas Schools of Duke University, and co-director of the Duke Center on Risk. He is a University Fellow of Resources for the Future (RFF), and a Past President of the Society for Risk Analysis (SRA). He has been a member of the Intergovernmental Panel on Climate Change (IPCC). Before coming to Duke, he served in several positions in the US government in the 1990s, including helping to negotiate the UN Framework Convention on Climate Change (UN FCCC).

Endnotes

  1. Wiener JB. (2020). Learning to Manage the Multirisk World. Risk Analysis 40(S1): 2137-2143. https://doi.org/10.1111/risa.13629
  2. Anastas PT, Zimmerman JB. (2019). Environmental Protection Through Systems Design, Decision-Making, and Thinking. in Esty DC, ed., A Better Planet (New Haven CT, Yale Univ. Press, 2019), pp. 97-104. https://doi.org/10.2307/j.ctvqc6gcq.14
  3. Felgenhauer T, Bala G, Borsuk ME, et al. (2025). Practical Paths to Risk-Risk Analysis of Solar Radiation Modification. Oxford Open Climate Change. 5(1). https://doi.org/10.1093/oxfclm/kgaf012
  4. For example, deep reduction of greenhouse gas emissions could entail new energy sources that pose their own risks, and widespread adaptation could entail maladaptation.7
  5. McLaren DP. (2025). Reconstructing Risk–Risk Analysis to Support Effective Governance of High-Risk Climate Interventions. European Journal of Risk Regulation: 1-17. https://doi.org/10.1017/err.2025.10019
  6. Lazard O, Bissett M, Dyke J. (2025). Geoengineering: Assessing Risks in the Era of Planetary Security. Carnegie Europe. https://carnegieendowment.org/research/2025/07/geoengineering-assessing-risks-in-the-era-of-planetary-security
  7. Wiener JB, Felgenhauer T, Borsuk ME. (2025). Multi-Risk Governance of Solar Radiation Modification. European Journal of Risk Regulation 16: 1246-1262. https://doi.org/10.1017/err.2025.10018
  8. Adler MD. (2025). Risk, Death, and Well-Being: The Ethical Foundations of Fatality Risk Regulation. Oxford Univ. Press. https://doi.org/10.1093/9780197505984.001.0001
  9. Graham JD, Wiener JB. (1995). Confronting Risk Tradeoffs, ch. 1 in Risk vs. Risk: Tradeoffs in Protecting Health and the Environment. Cambridge, MA, Harvard Univ. Press: 1-41. https://doi.org/10.2307/j.ctv1smjth8.5
  10. Felgenhauer T, Bala G, Borsuk M, et al. (2022). Solar Radiation Modification: A Risk-Risk Analysis. New York, NY, Carnegie Climate Governance Initiative (C2G). https://www.c2g2.net/wp-content/uploads/202203-C2G-RR-Full.pdf
  11. Wiener JB, Graham JD. (1995). Resolving Risk Tradeoffs, ch. 11 in Risk vs. Risk: 226-271. https://doi.org/10.2307/j.ctv1smjth8.15

Citation

Mark Borsuk, Tyler Felgenhauer, Jonathan Wiener (2026) – "Risk-Risk Analysis and SRM: Moving Beyond Misunderstanding" [Perspective]. Published online at SRM360.org. Retrieved from: 'https://srm360.org/perspective/risk-risk-analysis-moving-beyond-misunderstanding/' [Online Resource]

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