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Public reaction to the risks of energy technology
Authors:O'Banion  Kerry
Institution:(1) Lawrence Livermore National Laboratory Environmental Sciences Division, University of California, 94550 Livermore, California
Abstract:Implicit in every government decision on energy technology is a trade-off of a certain amount of risk in return for societal benefits. As a result of growing public concern over such risks, environmental analysts are increasingly being requested not only to describe potential adverse consequences but also to quantify their probability. However, this task is frustrated not only by inadequate experience with, and incomplete knowledge of, the causality of environmental impacts, but also by a disparity between individual and societal views of risk. While the societal view is based on objective risk functions andnet societal benefit, individuals tend to rely on subjective judgment, and consider the distribution as well as the amount of benefit. Thus, environmental ldquorisk assessments,rdquo produced by analysts on behalf of society as a whole, are likely to be quite speculative, and are unlikely to be reliable indicators of the acceptability of risk to the public.
Keywords:Cost-benefit analysis  Decision making  Risk assessment  Risk perception
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