CO2 is made up of the elements carbon and oxygen. It exists quite naturally in our atmosphere, as part of the carbon cycle. Everyday processes in the plant and animal world both add CO2 to the atmosphere and take it out. However, because it is a greenhouse gas - meaning it affects the temperature of the earth - the exact level of CO2 is important. Burning fossil fuels releases CO2 into the atmosphere, hence the anxiety that extensive use of these fuels is causing climate change.