A little paper came across the Smithsonian pipeline...(That's where I work, for those that don't know already) about CO2 and plant growth. It hasn't been published as of yet (currently in peer review) so I cannot post it or quote specifically from its' text. It may answer a question to those that say productivity will go up with higher CO2 levels.....
Short, abridged story...
Botanist have been lookin at what increased CO2 (undeniable, that levels have increased, we can argue all day about warming) concentrations do to the internal workings of plants. It was thought that yield would increase as well as static margin of growth. That was, in fact, what their hypothesis was...
They took different species of plants... harvested crop types and those that were natural occuring "cover" species. Shortened version, is they studied the growth of these species and found that their hypothesis was partially correct...these species did indeed grow faster than those that were not exposed to higher levels of CO2.
There was a big surprise though...
All of the tested members of species which were exposed to high CO2 levels stopped growth earlier... and were smaller than those that were grown without high CO2. Furthermore, when tested, it was found that all of the CO2 subjects were significantly lacking in nutritional substance. It was figured that the "commercial harvest" subjects were 30% to 50% less nutritious than the non-CO2 exposed crop.
This outcome was found to be due to the increased CO2 load. The plant simply never needed to store any nutrients for later and metabolized everything it could gather. (metabolic pathways were 92% to 95% efficient) Furthermore, levels of Chlorophyll A and B were significantly deficient, meaning the plants also began to shut down photosynthetic pathways due to the lack of need to keep them. (It was thought that CHL A (C55 H72 O5 N4 Mg) was first manufactured by plants in response to the marked decline in CO2 concentrations in past eras.) The study went on to postulate that plants may well "revert" to their old metabolic set-up when exposed to high levels of CO2. I wish I could post the pictures... they are really eye opening. One side looks green and healthy, (regular, "normal" CO2) the other, smaller and spread out with yellow and brown leaves, with highly abnormal palisade parenchyma. (High CO2 exposure)
Take with it what you will. I personally think it's eye opening. When it clears peer review... I will post it.