Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for South Dakota
EMISSCO2CDFRCBSDA • 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 South Dakota measures the carbon dioxide emissions associated with the use of distillate fuel for residential purposes in the state. This metric is crucial for policymakers and researchers studying the environmental impact of 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 economic indicator represents the amount of carbon dioxide released per unit of distillate fuel consumed in residential applications within South Dakota. It provides insights into the carbon footprint of home heating and energy usage, which is essential for developing policies and strategies to reduce greenhouse gas emissions.
Methodology
The data is calculated based on established emissions factors and fuel consumption statistics.
Historical Context
Policymakers and researchers use this metric to analyze the environmental sustainability of residential energy usage and inform energy efficiency initiatives.
Key Facts
- South Dakota's residential sector accounts for over 20% of the state's total energy consumption.
- Distillate fuel, such as heating oil, is a significant contributor to residential carbon emissions.
- Reducing residential carbon emissions is a key priority for South Dakota's climate action plan.
FAQs
Q: What does this economic trend measure?
A: The Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for South Dakota measures the amount of carbon dioxide released per unit of distillate fuel consumed in the state's residential sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for policymakers and researchers studying the environmental impact of residential energy usage, as it provides insights into the carbon footprint of home heating and energy consumption.
Q: How is this data collected or calculated?
A: The data is calculated based on established emissions factors and fuel consumption statistics.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this metric to analyze the environmental sustainability of residential energy usage and inform energy efficiency initiatives and climate action plans.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be lags in reporting due to the time required to collect and process the underlying fuel consumption and emissions data.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for South Dakota (EMISSCO2CDFRCBSDA), retrieved from FRED.