Carbon Emission and Economic Growth within the context of global warming

Abstract

As the global community converges upon the imperative of sustainability and the overarching objective of attaining net-zero carbon emissions, understanding nuanced interrelationships in environmental economics becomes paramount. By comprehending the connection between carbon emissions and economic growth, economies may implement sustainable energy policies and develop energy resources. The main objective of this study is to give a broad overview of the relationship between CO2 emissions and economic development in different countries. Within the framework of this study, historical data have been meticulously collected during the past three decades (1990-2020). The analysis scrutinizes prominent trajectories of GDP and carbon emissions for a cohort of representative nations spanning recent decades, stratifying them in accordance with their stipulated net-carbon emission benchmarks. The denouement of the article accentuates the symbiotic interplay between carbon emissions and economic ascension, proffering sagacious objectives for sovereign entities to contemplate.

Keywords

• carbon emission
• economics/gdp
• global warming
• sustainability