Transportation Carbon Dioxide Emissions, Natural Gas for Massachusetts
EMISSCO2TOTVTCNGMAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.41
Year-over-Year Change
298.48%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from natural gas consumption in the transportation sector for Massachusetts. It provides insights into the environmental impact of fuel usage and can inform policymakers and analysts on energy and emissions trends.
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 Transportation Carbon Dioxide Emissions, Natural Gas for Massachusetts series tracks the amount of carbon dioxide released into the atmosphere from natural gas used in the transportation sector within the state of Massachusetts. This data is crucial for understanding the environmental footprint of fuel consumption and can guide policy decisions related to energy usage and emissions reduction.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on natural gas consumption figures and emission factors.
Historical Context
This trend is relevant for policymakers, researchers, and analysts studying energy usage, greenhouse gas emissions, and transportation-related environmental impacts.
Key Facts
- Massachusetts transportation sector accounts for over 40% of the state's total greenhouse gas emissions.
- Natural gas consumption in the transportation industry has declined by 25% in Massachusetts since 2005.
- Reducing transportation-related emissions is a key priority for Massachusetts to meet its climate change goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions from natural gas consumed in the transportation sector within the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the environmental impact of fuel usage in the transportation industry, which is crucial for policymakers and analysts studying energy consumption and emissions reduction strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on natural gas consumption figures and emission factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and analysts to understand transportation-related energy usage and greenhouse gas emissions, which informs policy decisions aimed at reducing the environmental impact of the transportation sector.
Q: Are there update delays or limitations?
A: The data is published with a time lag, and there may be revisions to historical figures as more information becomes available.
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Citation
U.S. Federal Reserve, Transportation Carbon Dioxide Emissions, Natural Gas for Massachusetts (EMISSCO2TOTVTCNGMAA), retrieved from FRED.