Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for Minnesota
EMISSCO2CDFICBMNA • 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 Minnesota measures the carbon dioxide emissions intensity of distillate fuel use in the industrial sector of Minnesota. This metric is crucial for understanding the environmental impact of industrial energy consumption.
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 distillate fuel consumed by Minnesota's industrial sector. It is an important indicator for policymakers and environmental analysts seeking to assess and mitigate the greenhouse gas emissions associated with industrial activities.
Methodology
The data is calculated based on fuel consumption statistics and emissions factors.
Historical Context
This trend is widely used to inform energy and environmental policies related to industrial emissions.
Key Facts
- Minnesota's industrial sector accounts for a significant portion of the state's total carbon emissions.
- Distillate fuel, such as diesel, is a major energy source for Minnesota's manufacturing and industrial activities.
- Tracking the emissions coefficient helps policymakers develop targeted strategies to reduce the environmental impact of industrial processes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of distillate fuel consumed by Minnesota's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of industrial energy use and informing policies to reduce greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on fuel consumption statistics and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform energy and environmental policies related to industrial emissions in Minnesota.
Q: Are there update delays or limitations?
A: The data may be subject to occasional updates or revisions, and the coefficient can vary based on changes in industrial activity and fuel mix.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for Minnesota (EMISSCO2CDFICBMNA), retrieved from FRED.