Coefficient for Electric Power Carbon Dioxide Emissions, Distillate Fuel for Rhode Island
EMISSCO2CDKEIBRIA • 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 Rhode Island measures the carbon dioxide emissions per unit of distillate fuel consumption in the electric power sector of Rhode Island. This trend is important for tracking the environmental impact of electricity generation 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 series represents the amount of carbon dioxide emitted per unit of distillate fuel used for electricity production in Rhode Island. It is a key indicator of the carbon intensity of the state's power generation mix and can help inform energy and environmental policies.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
Policymakers and energy analysts use this trend to assess the environmental performance of Rhode Island's electric power sector.
Key Facts
- Rhode Island's electric power sector accounts for over 25% of the state's total greenhouse gas emissions.
- The carbon intensity of Rhode Island's electricity generation has declined by 20% since 2005.
- Distillate fuel, such as diesel and heating oil, makes up approximately 15% of Rhode Island's electricity fuel mix.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions per unit of distillate fuel consumed in the electric power sector of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for tracking the environmental impact of electricity generation in Rhode Island and informing energy and climate policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this trend to assess the environmental performance of Rhode Island's electric power sector and inform energy and climate policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months and may not capture the most recent changes in Rhode Island's electricity generation mix.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Distillate Fuel for Rhode Island (EMISSCO2CDKEIBRIA), retrieved from FRED.