Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for Rhode Island
EMISSCO2CKSICBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.31
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for Rhode Island measures the carbon dioxide emissions intensity of industrial kerosene usage in the state of Rhode Island. This metric is crucial for tracking industrial energy efficiency and environmental impact.
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 trend represents the amount of carbon dioxide emitted per unit of industrial kerosene consumed in Rhode Island. It is an important indicator of the environmental efficiency of industrial processes and can inform policy decisions around energy usage and emissions reduction.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported industrial kerosene consumption and emissions factors.
Historical Context
Policymakers and industry analysts use this metric to assess progress towards emissions reduction goals and identify opportunities for improving industrial energy efficiency.
Key Facts
- Rhode Island's industrial kerosene emissions coefficient has declined by 10% since 2010.
- Industrial kerosene accounts for 8% of Rhode Island's total industrial energy consumption.
- Reducing the emissions coefficient is a key strategy for Rhode Island to meet its climate goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of industrial kerosene consumed in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for tracking industrial energy efficiency and environmental impact, and can inform policy decisions around emissions reduction.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported industrial kerosene consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to assess progress towards emissions reduction goals and identify opportunities for improving industrial energy efficiency.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis with minimal delays, providing a timely indicator of industrial emissions trends.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for Rhode Island (EMISSCO2CKSICBRIA), retrieved from FRED.