The analysis of the relationship between CO2 level and economic growth

Keywords: global warming, CO2, environment, protection, GDP, measures, trend, growth, developing and developed countries

Abstract

2019 was Earth's second warmest year since 1850. In 2019 the global mean temperature was cooler than in 2016, but warmer than any other year explicitly measured. Consequently, 2016 is still the warmest year in historical observation history. Year-to-year rankings are likely to reflect natural fluctuations in the short term, but the overall pattern remains consistent with a long-term global warming trend. This would be predicted from global warming caused by greenhouse gases, temperature increase across the globe is broadly spread, impacting almost all areas of land and oceans. Climate change" and "global warming" are often used interchangeably but are of distinct significance. Global warming is the long-term heating of the Earth's climate system observed since the pre-industrial period as a result of human activities, mainly the combustion of fossil fuel, which raises the heat-trapping greenhouse gas levels in the Earth's air. The term is often used interchangeably with the term climate change, as the latter applies to warming caused both humanly and naturally, and the impact it has on our planet. This is most generally calculated as the average increase in global surface temperature on Earth. Carbon dioxide emission is one of the main reasons for global warming. Since the Industrial Revolution, human sources of carbon dioxide emissions have been growing. Human activities such as the burning of oil, coal and gas, as well as deforestation are the primary cause of the increased carbon dioxide concentrations in the atmosphere. In our research, let’s examine the relationship between the amount of carbon dioxide emissions and the GDP/capita in developed and developing countries.

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Published
2021-04-05
How to Cite
Zoltán, S., Kinga Ilona, B., Hani, A., Tumentsetseg, E., & Varga, E. (2021). The analysis of the relationship between CO2 level and economic growth. EUREKA: Social and Humanities, (2), 17-23. https://doi.org/10.21303/2504-5571.2021.001760
Section
Economics, Econometrics and Finance