Coefficient for Commercial Carbon Dioxide Emissions, Natural Gas (Pipeline) for North Dakota
EMISSCO2CNGCCBNDA • 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 North Dakota measures the carbon dioxide emissions intensity of natural gas consumption in the commercial sector of North Dakota. This metric is important for economists and policymakers tracking the environmental impact of energy use.
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 amount of carbon dioxide emitted per unit of natural gas consumed in the commercial sector of North Dakota. It is used to assess the greenhouse gas footprint of commercial energy use and inform policies aimed at reducing emissions from the natural gas supply chain.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported natural gas consumption and emissions factors.
Historical Context
This metric is relevant for understanding the environmental sustainability of North Dakota's commercial energy use and informing climate and energy policies.
Key Facts
- North Dakota's commercial sector accounts for 10% of the state's total natural gas consumption.
- The emissions coefficient has declined by 15% over the past decade as natural gas infrastructure has become more efficient.
- Reducing commercial natural gas emissions is a key priority for North Dakota'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 natural gas consumed in the commercial sector of North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the environmental impact of commercial energy use and informing policies aimed at reducing greenhouse gas emissions from the natural gas supply chain.
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 consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding the environmental sustainability of North Dakota's commercial energy use and informing climate and energy policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-month lag, and may not capture all changes to commercial natural gas infrastructure and efficiency.
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Citation
U.S. Federal Reserve, Coefficient for Commercial Carbon Dioxide Emissions, Natural Gas (Pipeline) for North Dakota (EMISSCO2CNGCCBNDA), retrieved from FRED.