In this study, short term predictions was made by using data on CO2 emissions (1968-2003) caused by Turkey and European Union to get one unit of outcome. Grey model was used in order to make a prediction of CO2 for a four year period. The aim of Grey model is to make contingency analysis, predictions and a decision when there is uncertainty and lack of knowledge. The findings of the analysis results in the relationship between emissions and growth in Turkey and the European Union during the last 35 years is seen as a development contrary. Turkey's income in the period 1968-2003 increased approximately 300 percent. Emission values rose 50 percent for each product value and reached 1.045. European Unions income increased 157 percent. Emission values decreased 50 percent for each product value and fell to 0.3949.
Carbon Dioxide (CO2) Emission, (CO2/GDP), GDP, Grey Model