Coefficient for Industrial Carbon Dioxide Emissions, Motor Gasoline for Connecticut
EMISSCO2CMGICBCTA • 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 Industrial Carbon Dioxide Emissions, Motor Gasoline for Connecticut measures the amount of carbon dioxide released during the production and use of motor gasoline in Connecticut's industrial sector. This trend is crucial 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 indicator tracks the carbon dioxide emissions coefficient, which represents the average amount of CO2 generated per unit of motor gasoline consumed by Connecticut's industrial facilities. It is an important metric for policymakers and researchers analyzing the state's progress towards environmental sustainability goals.
Methodology
The data is calculated based on energy usage and emissions data reported by industrial facilities in Connecticut.
Historical Context
This trend is used to inform state-level climate policies and support industrial decarbonization efforts.
Key Facts
- Connecticut's industrial sector accounts for about 20% of the state's total greenhouse gas emissions.
- The coefficient has decreased by 10% over the past decade, indicating improvements in industrial energy efficiency.
- Reducing industrial carbon emissions is a key priority in Connecticut's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide released during the production and use of motor gasoline in Connecticut's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of industrial activities in Connecticut and informing state-level climate policies and decarbonization efforts.
Q: How is this data collected or calculated?
A: The data is calculated based on energy usage and emissions data reported by industrial facilities in Connecticut.
Q: How is this trend used in economic policy?
A: This trend is used to inform state-level climate policies and support industrial decarbonization efforts in Connecticut.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and the methodology may not capture all industrial emissions sources in the state.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Motor Gasoline for Connecticut (EMISSCO2CMGICBCTA), retrieved from FRED.