Here is a quick calculation you can check yourself, indicating the benefits of CO2 outweigh the even exagerated costs presumed by alarmists.
Guest Post by Willis Eschenbach
I see that the New York Times (NYT) is going to close their environmental desk. Given that there still are actual environmental problems on the planet, I consider the closing as a sad commentary on the hijacking of the environmental movement by carbon alarmists. CO2 alarmism has done huge damage to the environmental movement, and thus to the environment itself.
In any case, a few months ago in the NYT Green Blog they talked about “monetizing” the “social cost” of carbon. The article said:
In 2010, 12 government agencies working in conjunction with economists, lawyers and scientists, agreed to work out what they considered a coherent standard for establishing the social cost of carbon. The idea was that, in calculating the costs and benefits of pending policies and regulations, the Department of Transportation could not assume that a ton of emitted carbon dioxide imposed a…
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