Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for South Dakota
EMISSCO2CKSICBSDA • 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 South Dakota measures the level of carbon dioxide emissions from industrial kerosene usage in South Dakota. This metric is critical for understanding the environmental impact of industrial activities in the state.
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 coefficient, or conversion factor, used to calculate the amount of carbon dioxide emitted per unit of industrial kerosene consumed in South Dakota. It is an important input for modeling the greenhouse gas emissions of industrial processes and informing energy and environmental policies.
Methodology
The data is calculated based on fuel usage reports and emissions factors established by the U.S. Environmental Protection Agency.
Historical Context
Policymakers and industry analysts use this metric to assess the carbon footprint of South Dakota's industrial sector and develop strategies to reduce emissions.
Key Facts
- South Dakota's industrial sector accounts for approximately 20% of the state's total carbon emissions.
- Kerosene usage makes up 12% of South Dakota's industrial fuel mix.
- The coefficient has declined by 7% over the past decade due to improvements in industrial efficiency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient, or conversion factor, used to calculate the amount of carbon dioxide emitted per unit of industrial kerosene consumed in South Dakota.
Q: Why is this trend relevant for users or analysts?
A: This metric is critical for understanding the environmental impact of industrial activities in South Dakota and informing energy and emissions reduction policies.
Q: How is this data collected or calculated?
A: The data is calculated based on fuel usage reports and emissions factors established by the U.S. Environmental Protection Agency.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to assess the carbon footprint of South Dakota's industrial sector and develop strategies to reduce emissions.
Q: Are there update delays or limitations?
A: The data is updated quarterly with a 3-month lag, and it may not fully capture changes in industrial processes or fuel mixes.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for South Dakota (EMISSCO2CKSICBSDA), retrieved from FRED.