The Economic and Environmental Nexus: Exploring GDP and CO2 Emissions
Words: 1171 Pages: 4 15043When the GDP decreases, so does carbon dioxide emissions. One significant event that is emphasized is the Great Recession in 2009. As GDP tremendously dropped in 2009, emissions also decreased. With people losing their jobs, the need to commute decreased. Consequently, people weren’t purchasing gasoline for their cars. With demands low, fossil fuel companies weren’t pumping oil, resulting in less carbon dioxide emissions. Additionally, individual car emissions decreased since people weren’t commuting. According to the New York Times, greenhouse gas […]