Coefficient for Transportation Carbon Dioxide Emissions, Motor Gasoline for Rhode Island
EMISSCO2CMGACBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.26
Year-over-Year Change
-0.10%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Transportation Carbon Dioxide Emissions, Motor Gasoline for Rhode Island measures the amount of carbon dioxide emitted per unit of motor gasoline consumed in the state's transportation sector. This data provides insights into the environmental impact of fuel use and supports policy decisions related to emissions reduction.
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 estimated carbon dioxide emissions coefficient for motor gasoline consumed in Rhode Island's transportation activities. The coefficient is calculated based on the carbon content of the fuel and is a key metric for understanding the greenhouse gas footprint of the state's transportation system.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
This metric is used by policymakers, environmental agencies, and transportation planners to inform strategies for reducing carbon emissions and improving fuel efficiency.
Key Facts
- Rhode Island's transportation sector accounts for over 40% of the state's total greenhouse gas emissions.
- The emissions coefficient has decreased by 7% over the past decade, indicating improving fuel efficiency.
- Reducing transportation emissions is a key priority for Rhode Island's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of motor gasoline consumed in Rhode Island's transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the environmental impact of fuel use and supports policy decisions related to emissions reduction in the transportation industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, environmental agencies, and transportation planners to inform strategies for reducing carbon emissions and improving fuel efficiency.
Q: Are there update delays or limitations?
A: The data is updated quarterly, and there may be slight delays in reporting due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, Coefficient for Transportation Carbon Dioxide Emissions, Motor Gasoline for Rhode Island (EMISSCO2CMGACBRIA), retrieved from FRED.