Table 3.
Present value (PV) of global social costs of CH4 emissions, 2015–2050 (billion 2015 US$), from a harmful algal bloom sufficient to close all MI and OH beaches on Lake Erie.
PV | PV | |
---|---|---|
Closure at 30 ppb chlorophyll aa | Closure at 50 ppb chlorophyll ab | |
SC-CH4 methodc | ||
Discount rate = 5% | 13.72 | 23.87 |
Discount rate = 3% | 39.42 | 68.59 |
Discount rate = 2.5% | 55.16 | 95.97 |
SC-CO2 × CO2-e methodd | ||
Discount rate = 5% | 9.92 | 17.25 |
Discount rate = 3% | 42.12 | 73.28 |
Discount rate = 2.5% | 66.08 | 114.96 |
aA 30 ppb chlorophyll a concentration represents an 80–100% risk of Cyanobacteria blooms21; we associate this with a 1.003926 Tg yr−1 increase in CH4 emissions.
bThe World Health Organization chlorophyll a guideline for avoiding moderate probability of adverse health effects in recreational waters is 50 ppb22; our estimates suggest an associated increase of 1.746587 Tg yr−1 in CH4 emissions.
cSC-CH4 method uses estimates of the social costs of CO2, CH4, and N2O adapted from published sources16,29.
dSC-CO2 × CO2-e method converts CH4 to CO2-equivalents and uses estimates of the social cost of carbon dioxide15.