Carbon dioxide and Energy-intensive industry
Their prices have moved together.
Carbon dioxide (chemical) and Energy-intensive industry (energy): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Weak · Both ways
Purifying and liquefying CO2 uses electricity for compression and refrigeration. The industrial power index moves with the CO2 index at 0.09 monthly, rising to 0.40 over the last five years.
- 0.09 monthly change correlation
- 0.22 12-month change correlation
- 1.83 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.