Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for North Carolina
EMISSCO2CDFRCBNCA • 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 North Carolina measures the carbon dioxide emissions associated with the use of distillate fuel in residential applications within the state. This metric is crucial for understanding the environmental impact of household 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 trend represents the amount of carbon dioxide released per unit of distillate fuel consumed in North Carolina residences. It is used by policymakers, researchers, and industry stakeholders to analyze the carbon footprint of residential energy use and inform strategies for reducing greenhouse gas emissions.
Methodology
The data is calculated based on fuel consumption statistics and emissions factors provided by the U.S. Energy Information Administration.
Historical Context
This trend is essential for evaluating the environmental sustainability of residential energy policies and programs in North Carolina.
Key Facts
- North Carolina accounts for over 3% of U.S. residential distillate fuel consumption.
- Residential distillate fuel use contributes approximately 10% of North Carolina's total energy-related CO2 emissions.
- The coefficient has declined by 8% over the past decade, indicating improvements in energy efficiency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of distillate fuel consumed in residential settings within North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of household energy use and informing policies and programs aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on fuel consumption statistics and emissions factors provided by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry stakeholders to evaluate the environmental sustainability of residential energy policies and programs in North Carolina.
Q: Are there update delays or limitations?
A: The data is published regularly, with a typical update delay of 2-3 months. The trend may not capture all residential distillate fuel use, as it excludes certain off-grid or unmetered consumption.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for North Carolina (EMISSCO2CDFRCBNCA), retrieved from FRED.