Economy-CO2 link reveals GDP weakness

Simple Climate

Researchers have confirmed a relationship that is making climate change tough to fight: economic growth and atmospheric CO2 concentrations have been tightly linked for the past 50 years. That’s what the University of Michigan‘s Edward Ionides and co-workers found by looking at levels of the greenhouse gas and gross domestic product (GDP), an important measure of countries’ financial performance, at a worldwide level. “GDP growth is like a proxy for CO2 concentration growth,” Edward told Simple Climate. “Under business-as-usual conditions, these two quantities are measuring essentially the same thing. This highlights a problem with using GDP as a measure of progress.”

Until now, much research on the link between CO2 and economic growth has looked at figures for each country. Some think using each country’s CO2 emissions separately “should be more informative”, Edward said. But there are problems with recording emissions accurately, plus goods or services…

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