Coefficient for Transportation Carbon Dioxide Emissions, LPG (Fuel Use) for Florida
EMISSCO2CHLACBFLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.82
Year-over-Year Change
-0.75%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Transportation Carbon Dioxide Emissions, LPG (Fuel Use) for Florida measures the carbon dioxide emissions from the use of liquefied petroleum gas (LPG) in transportation activities in the state of Florida. This metric is essential for understanding the environmental impact of fuel consumption and informing policymakers on emission reduction strategies.
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 trend represents the coefficient that quantifies the amount of carbon dioxide emitted per unit of LPG fuel consumed for transportation purposes in Florida. It is a key indicator for analyzing the carbon footprint of the state's transportation sector and tracking progress towards sustainable mobility goals.
Methodology
The data is calculated by the U.S. Energy Information Administration based on fuel consumption statistics and emissions factors.
Historical Context
This trend is widely used by policymakers, researchers, and industry stakeholders to assess the environmental performance of Florida's transportation system and inform policy decisions related to emissions reduction.
Key Facts
- Florida's transportation sector accounts for over 50% of the state's total carbon dioxide emissions.
- LPG, a cleaner-burning alternative to gasoline, makes up a small but growing share of transportation fuel in Florida.
- Reducing transportation emissions is a key priority for Florida's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient for carbon dioxide emissions from the use of liquefied petroleum gas (LPG) in transportation activities in the state of Florida.
Q: Why is this trend relevant for users or analysts?
A: This trend is essential for understanding the environmental impact of transportation fuel consumption and informing policymakers on emission reduction strategies in Florida.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on fuel consumption statistics and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, researchers, and industry stakeholders to assess the environmental performance of Florida's transportation system and inform policy decisions related to emissions reduction.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, with minimal delays, and provides a comprehensive representation of transportation LPG emissions in Florida.
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Citation
U.S. Federal Reserve, Coefficient for Transportation Carbon Dioxide Emissions, LPG (Fuel Use) for Florida (EMISSCO2CHLACBFLA), retrieved from FRED.