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The ratio of changes in CO2 emissions to changes in GDP for that period of time would be less than 1 to 2.
What is GDP?
The total monetary as well as market value of all of the finished products and services produced inside a nation's borders during a specific time period is known as the gross domestic product (GDP). It serves as a thorough scorecard of the state of the economy in a particular nation because it is a broad indicator of total domestic production. Even though GDP is frequently calculated on to an annual basis, it can also be calculated quarterly. For instance, the government of the United States releases an annualised GDP estimate for both the calendar year and each fiscal quarter. Each set of data in this report is presented in real terms, which means that it has been adjusted for price changes and is thus net of inflation.
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