Coefficient for Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Hawaii
EMISSCO2CNGEIBHIA • 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 Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Hawaii measures the carbon dioxide emissions intensity of natural gas-fired electricity generation in Hawaii. This metric is crucial for understanding the environmental impact of the state's energy mix and informing policy decisions around clean energy transition.
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 economic indicator represents the amount of carbon dioxide emitted per unit of electricity generated from natural gas pipelines in Hawaii. It is used by policymakers, energy analysts, and environmental stakeholders to track the greenhouse gas emissions profile of the state's power sector and inform strategies for reducing the carbon footprint of electricity production.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported natural gas consumption and electricity generation figures.
Historical Context
Trends in this metric help guide Hawaii's efforts to transition to renewable energy sources and reduce the environmental impact of its power generation.
Key Facts
- Hawaii has a goal of 100% renewable electricity by 2045.
- Natural gas accounts for about 15% of Hawaii's electricity generation.
- Reducing emissions from the power sector is crucial for Hawaii's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the carbon dioxide emissions intensity of natural gas-fired electricity generation in Hawaii, providing insights into the environmental impact of the state's power sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding Hawaii's progress towards its clean energy goals and informing policy decisions around reducing the carbon footprint of electricity production.
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 electricity generation figures.
Q: How is this trend used in economic policy?
A: Trends in this metric help guide Hawaii's efforts to transition to renewable energy sources and reduce the environmental impact of its power generation, which is a key focus of the state's climate action plan.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all natural gas-fired electricity generation in Hawaii.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Hawaii (EMISSCO2CNGEIBHIA), retrieved from FRED.