Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for North Dakota
EMISSCO2CHLRCBNDA • 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 Residential Carbon Dioxide Emissions, LPG (Fuel Use) for North Dakota measures the amount of carbon dioxide emissions associated with the use of liquefied petroleum gas (LPG) in residential settings within the state. This metric is crucial for understanding the environmental impact of energy consumption and informing policies aimed at reducing greenhouse gas emissions.
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 estimated coefficient for carbon dioxide emissions resulting from the residential use of LPG fuel in North Dakota. The data is used by policymakers, researchers, and environmental agencies to analyze the emissions profile of different energy sources and develop strategies to promote sustainable energy consumption.
Methodology
The data is calculated by the U.S. Energy Information Administration based on energy usage statistics and emissions factors.
Historical Context
This trend is important for informing policies and market decisions related to energy efficiency, renewable energy, and emissions reduction targets.
Key Facts
- North Dakota is a major producer of natural gas and crude oil.
- LPG is a common heating fuel in rural and suburban areas of the state.
- Reducing residential emissions is a key goal for North Dakota's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient for carbon dioxide emissions associated with the residential use of liquefied petroleum gas (LPG) in the state of North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the environmental impact of energy consumption and informing policies aimed at reducing greenhouse gas emissions in the residential sector.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on energy usage statistics and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and environmental agencies to analyze the emissions profile of different energy sources and develop strategies to promote sustainable energy consumption.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but there may be occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for North Dakota (EMISSCO2CHLRCBNDA), retrieved from FRED.