Analyze the Relationship Between CO2 Emissions and GDP from the Global Perspective

Abstract

Over the centuries, the effect of CO2 emissions has attracted attention both at the national and international levels. The rapid economic growth in past years causes the increase of CO2 emission, being an essential factor that increases global warming. However, what is the relationship between CO2 emission and GDP growth in the long run? Is it true that the relationship is always positive? In this paper, CO2 emission data and GDP data were collected from the World Bank database and analyzed the relationship between CO2 emission and GDP growth from a global perspective with a regression method. Finally, CO2 has a negative relationship with GDP based on data recorded in the past 50 years.