Coefficient for Commercial Carbon Dioxide Emissions, Residual Fuel for Utah
EMISSCO2CRFCCBUTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.80
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Commercial Carbon Dioxide Emissions, Residual Fuel for Utah measures the carbon dioxide emissions associated with the commercial use of residual fuel oil in Utah. This metric is crucial for understanding the environmental impact of energy consumption and guiding policymakers' efforts to reduce greenhouse gas emissions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This coefficient represents the amount of carbon dioxide emitted per unit of residual fuel oil consumed in the commercial sector of Utah. It is an important indicator for analyzing the carbon footprint of energy usage and informing strategies to promote sustainability and mitigate climate change.
Methodology
The data is calculated based on energy consumption statistics and emissions factors derived from the U.S. Environmental Protection Agency's greenhouse gas inventory methodology.
Historical Context
Policymakers and researchers use this trend to assess the carbon intensity of Utah's commercial energy usage and develop policies to incentivize energy efficiency and the transition to cleaner energy sources.
Key Facts
- Utah's commercial sector accounts for a significant portion of the state's total energy consumption.
- Residual fuel oil is a high-carbon energy source, contributing to greenhouse gas emissions.
- Reducing commercial carbon emissions is a key focus for Utah's climate and energy policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient of carbon dioxide emissions associated with the commercial use of residual fuel oil in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of energy consumption and informing policymakers' efforts to reduce greenhouse gas emissions and promote sustainability.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption statistics and emissions factors derived from the U.S. Environmental Protection Agency's greenhouse gas inventory methodology.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this trend to assess the carbon intensity of Utah's commercial energy usage and develop policies to incentivize energy efficiency and the transition to cleaner energy sources.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of the underlying energy consumption and emissions statistics.
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Citation
U.S. Federal Reserve, Coefficient for Commercial Carbon Dioxide Emissions, Residual Fuel for Utah (EMISSCO2CRFCCBUTA), retrieved from FRED.