Given below are two statements:
Statement (I): Global Warming Potential (GWP) is a measure of how much energy the emissions of 1 tonne of a gas will absorb over a given period of time, relative to the emissions of 1 tonne of carbon dioxide (\(\text{CO}_2\)).
Statement (II): A gas with a smaller GWP warms the Earth more compared to \(\text{CO}_2\) over that time period.
In light of the above statements, choose the most appropriate answer from the options given below.