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Greenhouse emissions and economic recessions: Did industrial economies “Stay Cool” during the 1930s economic crisis?

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Rolandas Giedraitis V., Girdenas S., Rovas A.
Business and Economic Horizons
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2010
|
vol. 1
|
issue 1
46-50
EN
In this historical economic interdisciplinary research we investigate the impact of the 1930s economic crisis and their relationship to global warming. We investigate two consecutive hegemonic powers: the United Kingdom and the United States. Our assumption was that a reduction in demand would lead to a decrease in mean global temperatures during depressions. We find that in fact reduced carbon dioxide in the atmosphere resulting from lowered production does not result in cooling temperatures.
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