Security and Distribution, or Should You Care about Merely Possible Losses?

Jonathan Herington argues that harms can occur whether or not there is actually a loss. He claims that subjectively or objectively merely being at risk of losing access to basic goods is sufficient for lowering that individual's well-being for the value of 'security'. I challenge whether losing access to basic goods is sufficient to justify the introduction of this value. I also point to some issues in his interpretation of IPCC risk categories and the social science research he relies on.