Coefficient for Commercial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Alabama
EMISSCO2CNGCCBALA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.06
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Commercial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Alabama measures the carbon dioxide emissions associated with the commercial use of natural gas pipeline transportation 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 carbon dioxide emissions coefficient, which is a standardized measurement that quantifies the amount of carbon dioxide produced per unit of natural gas consumption in the commercial sector of Alabama. It is a key indicator used by policymakers and researchers to assess the environmental impact of energy usage.
Methodology
The data is calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Historical Context
This metric is valuable for informing energy and environmental policies, as well as guiding business decisions related to commercial natural gas usage.
Key Facts
- The average value of this coefficient from 2010-2020 was 53.07 kg CO2/MMBtu.
- Emissions from commercial natural gas use account for approximately 15% of total energy-related CO2 emissions in Alabama.
- This metric helps track progress towards emissions reduction goals in the commercial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions coefficient associated with the commercial use of natural gas pipeline transportation in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for policymakers, researchers, and businesses to understand the environmental impact of commercial natural gas usage and inform energy and emissions reduction strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This metric is used to guide energy and environmental policies, as well as inform business decisions related to commercial natural gas usage.
Q: Are there update delays or limitations?
A: The data is published with a lag, but provides a reliable historical record of this emissions coefficient for the commercial sector in Alabama.
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Citation
U.S. Federal Reserve, Coefficient for Commercial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Alabama (EMISSCO2CNGCCBALA), retrieved from FRED.