Industrial Carbon Dioxide Emissions, Natural Gas for Maine
EMISSCO2TOTVICNGMEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.15
Year-over-Year Change
-16.10%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures industrial carbon dioxide emissions from natural gas consumption in the state of Maine. It is an important indicator for tracking environmental impact and energy usage in the industrial sector.
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
The Industrial Carbon Dioxide Emissions, Natural Gas for Maine series provides data on the amount of carbon dioxide released into the atmosphere due to the combustion of natural gas by industrial facilities located in Maine. This metric is crucial for monitoring industrial energy use and environmental sustainability.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
This trend is used by policymakers, researchers, and industry analysts to assess the environmental footprint of Maine's industrial sector and inform energy and emissions reduction strategies.
Key Facts
- Maine's industrial CO2 emissions from natural gas were 0.375 MMT in 2021.
- Industrial natural gas use accounts for 22% of Maine's total energy consumption.
- Reducing industrial emissions is a key strategy for Maine to meet its climate goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted by industrial facilities in Maine due to their consumption of natural gas.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for tracking the environmental impact of Maine's industrial sector and informing strategies to reduce greenhouse gas emissions and improve energy efficiency.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry analysts to assess the environmental footprint of Maine's industrial sector and inform energy and emissions reduction strategies.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and may not capture all industrial facilities in Maine.
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Citation
U.S. Energy Information Administration, Industrial Carbon Dioxide Emissions, Natural Gas for Maine (EMISSCO2TOTVICNGMEA), retrieved from FRED.