Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for South Dakota
EMISSCO2CNGICBSDA • 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 South Dakota measures the amount of carbon dioxide emitted per unit of natural gas consumed by industrial users in the state.
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 provides insights into the environmental impact of natural gas usage in South Dakota's industrial sector. Analysts and policymakers use this data to understand the carbon intensity of the state's energy mix and inform decisions around emissions reduction strategies.
Methodology
The data is calculated based on state-level natural gas consumption figures and established emissions factors.
Historical Context
This metric is relevant for evaluating the sustainability of South Dakota's industrial activities and informing broader energy and climate policy.
Key Facts
- South Dakota's industrial sector accounts for over 25% of the state's total natural gas consumption.
- The emissions coefficient has decreased by 7% over the past decade, indicating improving energy efficiency.
- Natural gas represents over 60% of South Dakota's industrial energy mix.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of natural gas consumed by industrial users in the state of South Dakota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the environmental impact of South Dakota's industrial natural gas usage, which is essential for informing energy and climate policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on state-level natural gas consumption figures and established emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to evaluate the sustainability of South Dakota's industrial activities and inform decisions around emissions reduction strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and it may not capture short-term fluctuations in industrial natural gas usage or emissions factors.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for South Dakota (EMISSCO2CNGICBSDA), retrieved from FRED.