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Social Benefits of Carbon - ORIGINAL CONTENT

By:
Edward A. Reid Jr.
Posted On:
Jan 13, 2025 at 6:00 AM
Category
Energy Policy, Climate Change

The US federal government is supposed to conduct cost / benefit analyses of proposed programs to establish their cost effectiveness. In practice, the costs are often grossly underestimated and the benefits grossly overestimated.

Much has been written about the Social Cost of Carbon (SCC), which is shorthand for the social cost of anthropogenic CO2 emissions. SCC is a computer model generated estimate of the potential future societal damage which might be caused by continued CO2 emissions, typically through 2100. SCC, as it has been practiced by our government and others is an extremely malleable estimate. Pick a computer model, pick an estimate of climate sensitivity to CO2, pick an estimate of climate feedbacks, pick an estimated discount rate, push the button and “viola!”, there’s your estimate of the SCC. Current SCC estimates range from $0 up to $5500 per ton of CO2. The higher estimates can be used to justify almost any CO2 emissions reduction program.

While a search of the term “social cost of carbon” produces more than 19 million “hits’, a search of the term “social benefit of carbon” produces “crickets”. It would appear that the benefits portion of the government cost / benefit analysis is “missing in action”. However, the benefits are real, current and documented, while the costs are uncertain, future and computer model projected.

The most dramatic benefit is global greening, which has been documented by NASA  and NOAA  satellites. Studies attribute ~70% of the measured greening to the availability of increased CO2 in the atmosphere. The increased CO2 not only acts as a fertilizer, but also increases the efficiency with which plants and trees use available moisture, This has manifested in a decrease in the global desert area as plants and trees have advanced across the desert perimeters.

The availability of increased CO2 has also contributed to growing crop yields for a large number of plant species, including many of the cereal crops essential to the food chain. These crops also use available moisture more efficiently, reducing the need for crop irrigation. The increased CO2 also contributes to the growth of the grasses which feed ruminant animals including domesticated animals such as cattle, sheep and goats as well as wild ruminant animals including deer and antelope.

Crop science suggests that current atmospheric CO2 levels are still well below the ideal levels for plant growth. The CO2 levels maintained in commercial greenhouses are approximately 5 times the current atmospheric level. It appears that many crops would continue to benefit from increased atmospheric CO2 concentrations, though the effects would not be constant or universal.

Most government focus has been on the potential future costs of increased atmospheric CO2, in support of the climate “crisis” narrative and climate policies intended to reduce, halt and reverse the increase in atmospheric CO2. However, increased atmospheric CO2 has contributed to substantial societal benefits which should be recognized and valued. Reducing atmospheric CO2 concentrations would reduce those benefits and increase the strains on global food production.