Coefficient for Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts
EMISSCO2CNGEIBMAA • 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 Massachusetts' measures the carbon dioxide emissions associated with natural gas-fired electricity generation in Massachusetts. This metric is crucial for evaluating the environmental impact of the state's energy infrastructure 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 economic trend represents the estimated amount of carbon dioxide emitted per unit of natural gas consumed for electricity generation in Massachusetts. It is an important indicator for policymakers and researchers analyzing the environmental footprint of the state's energy mix and informing strategies to reduce greenhouse gas emissions.
Methodology
The data is calculated by the U.S. Energy Information Administration based on state-level natural gas consumption and emissions factors.
Historical Context
This trend is widely used by energy analysts, environmental agencies, and policymakers to assess the climate impact of natural gas-fired power generation in Massachusetts and guide energy policy decisions.
Key Facts
- Massachusetts has set a goal of net-zero greenhouse gas emissions by 2050.
- Natural gas accounts for over 60% of the state's electricity generation.
- Reducing emissions from natural gas power plants is critical for Massachusetts to meet its climate targets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated amount of carbon dioxide emitted per unit of natural gas consumed for electricity generation in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for evaluating the environmental impact of Massachusetts' energy infrastructure and informing policy decisions to reduce greenhouse gas emissions from the electricity sector.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on state-level natural gas consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by energy analysts, environmental agencies, and policymakers to assess the climate impact of natural gas-fired power generation in Massachusetts and guide energy policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, but there may be some delay in availability due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts (EMISSCO2CNGEIBMAA), retrieved from FRED.