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Atmospheric CO₂ (Mauna Loa) vs US Bank Lending Interest Rate
Atmospheric CO₂ (Mauna Loa) and US Bank Lending Interest Rate correlate at r = -0.39 over 62 years (1960–2021), p = 0.0020. With the time trend removed, r = -0.57. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0020) and the association survives trend removal (detrended r = -0.57). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.39
- p-value
- 0.0020
- Years compared (n)
- 62 (1960–2021)
- 95% confidence interval
- -0.58 to -0.15
- Correlation with the time trend removed
- -0.57
Sources
- Atmospheric CO₂ (Mauna Loa) (ppm): NOAA GML. Annual mean atmospheric carbon dioxide measured at Mauna Loa Observatory, Hawaii (NOAA GML).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- Atmospheric CO₂ (Mauna Loa) vs US GDP per Capita (r = +0.99)
- Atmospheric CO₂ (Mauna Loa) vs US Population (r = +0.99)
- Atmospheric CO₂ (Mauna Loa) vs US GDP (current US$) (r = +0.98)
- Atmospheric CO₂ (Mauna Loa) vs US Cereal Yield (r = +0.98)
- Atmospheric CO₂ (Mauna Loa) vs Atmospheric Methane (global) (r = +0.98)
- Atmospheric CO₂ (Mauna Loa) vs US Adult Obesity (r = +0.98)
Correlation does not imply causation. How the verdict is worked out.