Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for Louisiana
EMISSCO2CDFICBLAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.15
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for Louisiana measures the carbon dioxide emissions associated with the industrial use of distillate fuel in Louisiana. This metric is crucial for understanding the environmental impact of industrial activities and informing policymakers' decisions.
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 trend represents the carbon dioxide emissions coefficient, which quantifies the amount of carbon dioxide released per unit of distillate fuel consumed by the industrial sector in Louisiana. It is an important indicator for analyzing the environmental sustainability of industrial processes and supporting the development of emissions reduction strategies.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on industry-level fuel consumption and emissions factors.
Historical Context
This trend is used by policymakers, environmental agencies, and industry analysts to assess the carbon footprint of Louisiana's industrial sector and inform policy decisions.
Key Facts
- Louisiana is a major industrial hub in the United States.
- Distillate fuel is a common energy source for industrial processes.
- Reducing industrial carbon emissions is a key priority for policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions coefficient associated with the industrial use of distillate fuel in Louisiana. It quantifies the amount of CO2 released per unit of distillate fuel consumed by the industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of Louisiana's industrial sector and informing policymakers' decisions on emissions reduction strategies.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on industry-level fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, environmental agencies, and industry analysts to assess the carbon footprint of Louisiana's industrial sector and inform policy decisions aimed at reducing emissions.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the U.S. Federal Reserve, which should be taken into account when interpreting the trend over time.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for Louisiana (EMISSCO2CDFICBLAA), retrieved from FRED.