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US Annual CO₂ Emissions vs US Bank Lending Interest Rate

US Annual CO₂ Emissions and US Bank Lending Interest Rate correlate at r = -0.04 over 62 years (1960–2021), p = 0.735. With the time trend removed, r = +0.38. Not statistically significant.

Verdict: Not statistically significant. With n = 62, this correlation isn't statistically significant (p = 0.735). It could easily be chance.

Pearson r
-0.04
p-value
0.735
Years compared (n)
62 (1960–2021)
95% confidence interval
-0.29 to 0.21
Correlation with the time trend removed
+0.38

Sources

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Correlation does not imply causation. How the verdict is worked out.