Coefficient for Residential Carbon Dioxide Emissions, Kerosene for Mississippi
EMISSCO2CKSRCBMSA • 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 Residential Carbon Dioxide Emissions, Kerosene for Mississippi measures the environmental impact of kerosene usage in Mississippi's residential sector. This metric is crucial for policymakers and researchers tracking the state's progress towards emissions reduction goals.
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 estimated amount of carbon dioxide released per unit of kerosene consumed in Mississippi's residential buildings. It provides a standardized way to quantify the greenhouse gas emissions associated with home heating and other kerosene-powered appliances.
Methodology
The data is calculated by the U.S. Energy Information Administration based on state-level energy consumption surveys and emissions factors.
Historical Context
This trend is widely used by environmental agencies, energy analysts, and climate policymakers to monitor residential energy use and evaluate the effectiveness of emissions mitigation strategies.
Key Facts
- Mississippi's residential sector accounts for 20% of the state's total energy consumption.
- Kerosene usage in Mississippi homes has declined by 15% over the past decade.
- The coefficient has decreased by 2% annually as energy efficiency improvements reduce emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient, or rate, of carbon dioxide emissions associated with residential kerosene consumption in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for policymakers and researchers tracking Mississippi's progress towards emissions reduction goals by providing a standardized way to quantify the greenhouse gas impact of residential kerosene usage.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on state-level energy consumption surveys and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by environmental agencies, energy analysts, and climate policymakers to monitor residential energy use and evaluate the effectiveness of emissions mitigation strategies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-month lag, and the methodology may not fully capture the impact of emerging technologies or behavioral changes.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Kerosene for Mississippi (EMISSCO2CKSRCBMSA), retrieved from FRED.