This situation can be modeled by the exponential growth equation, which is:

where a is the initial amount, r is the growth rate (as a decimal), and t is time.
In this case, f(t) represents the level of CO2 emissions, the initial amount is 318,280 metric tons of CO2, and r is 0.07. Replacing these values, and t = 12, we get:

12 years in the future, 716,828 metric tons of CO2 will be produced