Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Hawaii
EMISSCO2CNGICBHIA • 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 Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Hawaii measures the carbon dioxide emissions intensity of natural gas consumption in Hawaii's industrial sector. This metric is important for understanding the environmental impact of industrial energy use and informing policies to reduce greenhouse gas emissions.
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 coefficient represents the amount of carbon dioxide emitted per unit of natural gas consumed by Hawaii's industrial facilities. It is a key indicator for analyzing the carbon footprint of the state's industrial activities and can inform strategies to improve energy efficiency and transition to cleaner energy sources.
Methodology
The data is calculated based on reported natural gas consumption and emissions factors.
Historical Context
Policymakers and industry analysts use this metric to monitor progress towards emissions reduction goals and guide investments in sustainable industrial technologies.
Key Facts
- Hawaii's industrial sector accounts for about 20% of the state's total energy consumption.
- Natural gas makes up around 15% of Hawaii's industrial energy mix.
- Reducing industrial emissions is a key component of Hawaii's goal to achieve 100% renewable electricity by 2045.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions intensity of natural gas consumption in Hawaii's industrial sector, providing insight into the environmental impact of industrial energy use.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the carbon footprint of Hawaii's industrial activities and informing policies and strategies to reduce greenhouse gas emissions and improve energy efficiency.
Q: How is this data collected or calculated?
A: The data is calculated based on reported natural gas consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to monitor progress towards emissions reduction goals and guide investments in sustainable industrial technologies.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays in reporting due to the complex nature of industrial emissions tracking.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Hawaii (EMISSCO2CNGICBHIA), retrieved from FRED.