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US CO₂ Emissions per Capita vs US Bank Lending Interest Rate
US CO₂ Emissions per Capita and US Bank Lending Interest Rate correlate at r = +0.49 over 62 years (1960–2021), p < 0.0001. With the time trend removed, r = +0.45. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = < 0.0001) and the association survives trend removal (detrended r = 0.45). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- +0.49
- p-value
- < 0.0001
- Years compared (n)
- 62 (1960–2021)
- 95% confidence interval
- 0.27 to 0.66
- Correlation with the time trend removed
- +0.45
Sources
- US CO₂ Emissions per Capita (tonnes): Our World in Data. US CO₂ Emissions per Capita (Our World in Data: CO₂ emissions per capita).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US CO₂ Emissions per Capita vs US CO₂ Emissions per Capita (r = +0.97)
- US CO₂ Emissions per Capita vs US Energy Use per Capita (r = +0.93)
- US CO₂ Emissions per Capita vs US Wind Power Generation (r = -0.93)
- US CO₂ Emissions per Capita vs US Health Expenditure (r = -0.92)
- US Annual CO₂ Emissions vs US CO₂ Emissions per Capita (r = +0.88)
- US Alcohol Consumption vs US CO₂ Emissions per Capita (r = -0.88)
Correlation does not imply causation. How the verdict is worked out.