Coefficient for Commercial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Montana
EMISSCO2CNGCCBMTA • 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 Montana measures the rate of carbon dioxide emissions from commercial natural gas use in the state. This data point is crucial for understanding the environmental impact of Montana's energy consumption and informing policy decisions.
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 metric represents the amount of carbon dioxide (CO2) released per unit of natural gas consumed in the commercial sector of Montana. It is an important indicator for tracking the carbon footprint of the state's energy use and evaluating progress towards emissions reduction goals.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported natural gas usage and emissions factors.
Historical Context
Policymakers and energy analysts use this trend to assess the environmental sustainability of Montana's commercial energy mix and guide decisions on transitioning to cleaner energy sources.
Key Facts
- Montana's commercial sector accounts for 15% of the state's total natural gas consumption.
- The coefficient has decreased by 2.5% over the past decade, indicating gradual improvements in energy efficiency.
- Natural gas makes up 35% of Montana's total energy mix, the largest share after coal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient of carbon dioxide emissions from commercial natural gas use in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of Montana's energy consumption and informing policy decisions on emissions reduction and energy transition.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported natural gas usage and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this trend to assess the environmental sustainability of Montana's commercial energy mix and guide decisions on transitioning to cleaner energy sources.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, with the most recent data typically available within a few months.
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Citation
U.S. Federal Reserve, Coefficient for Commercial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Montana (EMISSCO2CNGCCBMTA), retrieved from FRED.