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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 = +0.55 over 52 years (1970–2021), p < 0.0001. With the time trend removed, r = -0.01. Interpret with caution.
Verdict: Interpret with caution. Much of the apparent link is driven by a shared time trend: r falls from 0.55 to -0.01 once the trend is removed.
- Pearson r
- +0.55
- p-value
- < 0.0001
- Years compared (n)
- 52 (1970–2021)
- 95% confidence interval
- 0.33 to 0.72
- Correlation with the time trend removed
- -0.01
Sources
- US CO₂ Emissions per Capita (tonnes): World Bank. US CO₂ Emissions per Capita (World Bank indicator EN.GHG.CO2.PC.CE.AR5).
- 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 Renewable Energy Share vs US CO₂ Emissions per Capita (r = -0.97)
- US Wind Power Generation vs US CO₂ Emissions per Capita (r = -0.95)
- US CO₂ Emissions per Capita vs US Population Aged 65+ (r = -0.94)
- US Federal Debt Outstanding vs US CO₂ Emissions per Capita (r = -0.94)
- US CO₂ Emissions per Capita vs US Health Expenditure (r = -0.93)
Correlation does not imply causation. How the verdict is worked out.