Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for Montana
EMISSCO2CDFRCBMTA • 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 Residential Carbon Dioxide Emissions, Distillate Fuel for Montana measures the amount of carbon dioxide released from residential distillate fuel consumption in Montana. This metric is crucial for understanding the environmental impact of home heating and energy usage in the state.
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 CO2 emissions coefficient associated with residential distillate fuel consumption in Montana. It is used by policymakers, researchers, and analysts to quantify the carbon footprint of home energy use and inform emissions reduction strategies.
Methodology
The data is calculated by the U.S. Energy Information Administration based on fuel consumption and emissions factors.
Historical Context
This metric is important for tracking progress towards climate and energy policy goals in Montana.
Key Facts
- Montana's residential sector accounts for over 20% of the state's total energy consumption.
- Distillate fuel, including heating oil, is a major energy source for Montana homes.
- Reducing residential emissions is a key strategy for meeting Montana's climate goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide (CO2) released from residential distillate fuel consumption in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for quantifying the environmental impact of home energy use and informing emissions reduction strategies in Montana.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and analysts to track progress towards climate and energy policy goals in Montana.
Q: Are there update delays or limitations?
A: There may be delays in the data reporting, and the trend may not capture all residential emissions sources.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for Montana (EMISSCO2CDFRCBMTA), retrieved from FRED.