Coefficient for Electric Power Carbon Dioxide Emissions, Distillate Fuel for North Carolina
EMISSCO2CDKEIBNCA • 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 Electric Power Carbon Dioxide Emissions, Distillate Fuel for North Carolina measures the carbon dioxide emissions associated with the generation of electricity from distillate fuel in North Carolina. This metric is important for understanding the environmental impact of electricity production 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 coefficient represents the amount of carbon dioxide emitted per unit of electricity generated from distillate fuel, a type of liquid fuel used in power plants. It provides insight into the carbon intensity of North Carolina's electricity mix and can inform energy and environmental policymaking.
Methodology
The data is calculated by the U.S. Energy Information Administration based on power plant-level emissions and generation data.
Historical Context
This trend is used by policymakers, researchers, and energy analysts to assess the environmental performance of North Carolina's electricity sector.
Key Facts
- North Carolina's coefficient for distillate fuel-based electricity emissions was 0.228 in 2021.
- Distillate fuel accounts for a small but significant portion of North Carolina's electricity generation mix.
- Reducing the carbon intensity of electricity production is a key strategy for lowering the state's overall greenhouse gas emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of electricity generated from distillate fuel in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the environmental impact of North Carolina's electricity generation and can inform energy and climate policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on power plant-level emissions and generation data.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and energy analysts use this trend to assess the environmental performance of North Carolina's electricity sector and develop strategies to reduce greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be a lag in the most recent year's information being available.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Distillate Fuel for North Carolina (EMISSCO2CDKEIBNCA), retrieved from FRED.