Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for Rhode Island
EMISSCO2CHLRCBRIA • 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 Rhode Island 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 important for tracking and managing greenhouse gas emissions from the residential sector.
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 relationship between LPG fuel consumption and the resulting carbon dioxide emissions in Rhode Island homes. It is used by policymakers, researchers, and environmental agencies to model and assess the environmental impact of residential energy use within the state.
Methodology
The data is calculated by the U.S. Energy Information Administration based on fuel consumption and emissions factors.
Historical Context
This trend is relevant for informing energy and climate policies that aim to reduce residential carbon footprints.
Key Facts
- Rhode Island's residential LPG emissions coefficient was 0.0061 in 2019.
- LPG accounts for around 3% of Rhode Island's total residential energy consumption.
- Reducing residential LPG use can help the state meet its greenhouse gas reduction targets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions associated with the use of liquefied petroleum gas (LPG) in residential settings within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, researchers, and environmental agencies to model and assess the environmental impact of residential energy use within Rhode Island, which can inform policies aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used to inform energy and climate policies that aim to reduce residential carbon footprints in Rhode Island.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some time lag in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for Rhode Island (EMISSCO2CHLRCBRIA), retrieved from FRED.