Coefficient for Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for North Dakota
EMISSCO2CHLICBNDA • 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 Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for North Dakota measures the carbon emissions associated with liquefied petroleum gas (LPG) consumption in industrial activities within the state. This metric is important for economists and policymakers to track industrial energy usage and greenhouse gas production.
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 LPG consumed by industrial facilities in North Dakota. It is a key indicator of the environmental impact of industrial energy use and can inform policy decisions around emissions reduction targets and clean energy initiatives.
Methodology
The data is calculated based on LPG fuel consumption records and established emissions factors.
Historical Context
Trends in this coefficient are closely monitored by government agencies, industry groups, and environmental organizations to assess progress towards climate goals.
Key Facts
- LPG is a common industrial fuel source in North Dakota.
- This coefficient can vary based on changes in energy efficiency and fuel switching.
- Reducing industrial CO2 emissions is a key climate policy goal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of liquefied petroleum gas (LPG) consumed by industrial facilities in North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of the environmental impact of industrial energy use in North Dakota and can inform policy decisions around emissions reduction and clean energy initiatives.
Q: How is this data collected or calculated?
A: The data is calculated based on records of LPG fuel consumption and established emissions factors.
Q: How is this trend used in economic policy?
A: Trends in this coefficient are closely monitored by government agencies, industry groups, and environmental organizations to assess progress towards climate goals and the effectiveness of energy and emissions policies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates, and there may be lags in its availability depending on the data collection and reporting processes.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for North Dakota (EMISSCO2CHLICBNDA), retrieved from FRED.