Great discussion gentlemen.
I am a firefighter/paramedic and the affinity of co to bind with hemoglobin is significantly higher than oxygen, correct. There are two types of co poisoning, 1) long term low level exposure and 2) short term high level exposure. #2 typically causes headaches, flu like symptoms, passing out, lethargy And death. #1 on the other hand is also extremely dangerous, recently studies have shown firefighters that have chronic exposure to low levels of co have a significantly higher rate of memory loss/dimentia and a whole slew of other medical conditions.
Not that anyone on here has ever advocating smelling exhaust, any and all products of combustion are bad for us... my firehouse recently received a very large grant to put in a full vacuum based exhaust removal system. We had our station air analyzed and they were below federal standards.
In summary CO bad... long term low level exposure is worse than we ever suspected and always run equipment in well ventilated environments. If you smell exhaust, reconsider what you can do to make it such that you aren't breathing it in.
Jason
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