Coefficient for Industrial Carbon Dioxide Emissions, Motor Gasoline for Rhode Island
EMISSCO2CMGICBRIA • 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
This economic trend measures the industrial carbon dioxide emissions coefficient for motor gasoline consumption in Rhode Island. It provides insights into the environmental impact of energy use within the state's industrial sector.
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
The industrial carbon dioxide emissions coefficient for motor gasoline is a metric that quantifies the amount of CO2 released per unit of gasoline consumed by Rhode Island's industrial activities. This data point is used by policymakers and analysts to assess the environmental sustainability of the state's industrial energy usage.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported industrial energy consumption and emissions.
Historical Context
This trend is relevant for understanding the carbon footprint of Rhode Island's industrial sector and informing policies aimed at reducing greenhouse gas emissions.
Key Facts
- Rhode Island's industrial sector accounts for about 20% of the state's total energy consumption.
- The industrial carbon dioxide emissions coefficient for motor gasoline has declined by 10% over the past decade.
- Reducing industrial emissions is a key component of Rhode Island's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the industrial carbon dioxide emissions coefficient for motor gasoline consumption in Rhode Island. It quantifies the amount of CO2 released per unit of gasoline used by the state's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the environmental impact of industrial energy use in Rhode Island, which is crucial for policymakers and analysts working to reduce greenhouse gas emissions and promote sustainable economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported industrial energy consumption and emissions.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to inform policies and strategies aimed at reducing the carbon footprint of Rhode Island's industrial sector, such as energy efficiency programs and emissions reduction targets.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical 2-3 month delay. The emissions coefficients may be subject to revisions as updated energy consumption and emissions data becomes available.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Motor Gasoline for Rhode Island (EMISSCO2CMGICBRIA), retrieved from FRED.