Coefficient for Residential Carbon Dioxide Emissions, Residential for Rhode Island
EMISSCO2CCLRCBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.28
Year-over-Year Change
-2.18%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Residential Carbon Dioxide Emissions, Residential for Rhode Island measures the carbon dioxide emissions associated with residential activities in the state. This metric is crucial for policymakers and researchers tracking environmental trends and sustainability efforts.
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 series represents the coefficient, or scaling factor, that is used to estimate the total residential carbon dioxide emissions for the state of Rhode Island. It is an important indicator for evaluating the environmental impact of residential energy use and informing policies aimed at reducing greenhouse gas emissions.
Methodology
The data is calculated based on energy consumption patterns and emissions factors for the residential sector.
Historical Context
This trend is used by government agencies, researchers, and policymakers to assess the environmental performance of the residential housing sector and inform energy efficiency and emissions reduction strategies.
Key Facts
- The coefficient represents the ratio of residential carbon dioxide emissions to total residential energy use.
- Rhode Island's residential sector accounts for a significant portion of the state's overall greenhouse gas emissions.
- Tracking this trend over time can help measure the effectiveness of energy efficiency and decarbonization policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient, or scaling factor, used to estimate the total carbon dioxide emissions associated with residential activities in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for policymakers, researchers, and analysts tracking environmental sustainability and the residential sector's impact on greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption patterns and emissions factors for the residential sector.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, researchers, and policymakers to assess the environmental performance of the residential housing sector and inform energy efficiency and emissions reduction strategies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates or revisions by the collecting agency, and there may be a delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Residential for Rhode Island (EMISSCO2CCLRCBRIA), retrieved from FRED.