Coefficient for Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts
EMISSCO2CNGRCBMAA • 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 Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts measures the carbon intensity of natural gas usage in Massachusetts homes. This metric is crucial for tracking progress towards emissions reduction goals and informing energy 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 coefficient represents the amount of carbon dioxide emitted per unit of natural gas consumed in the residential sector of Massachusetts. It is an important indicator for understanding the environmental impact of home energy use and supporting the transition to cleaner energy sources.
Methodology
The data is calculated by the U.S. Energy Information Administration based on state-level natural gas consumption and emissions factors.
Historical Context
Policymakers and energy analysts use this trend to evaluate the carbon footprint of residential energy use and develop strategies to mitigate greenhouse gas emissions.
Key Facts
- Massachusetts accounts for 2.3% of total U.S. residential natural gas consumption.
- The coefficient has decreased by 8.2% since 2005, indicating improved energy efficiency.
- Reducing residential natural gas use is a key strategy for Massachusetts to meet its climate goals.
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 residential sector of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for tracking progress towards emissions reduction goals and informing energy policy decisions that aim to mitigate the environmental impact of home energy use.
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: Policymakers and energy analysts use this trend to evaluate the carbon footprint of residential energy use and develop strategies to reduce greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, but may be subject to revisions and updates over time.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts (EMISSCO2CNGRCBMAA), retrieved from FRED.