Coefficient for Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for Maine
EMISSCO2CNGRCBMEA • 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 Maine measures the amount of carbon dioxide emitted per unit of natural gas consumed in Maine's residential sector.
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 provides a standardized metric to quantify the environmental impact of natural gas usage in Maine homes, which is useful for evaluating the carbon footprint of residential energy consumption and informing energy policy decisions.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported natural gas usage and emissions factors.
Historical Context
Policymakers and utility companies use this metric to assess the greenhouse gas emissions associated with residential natural gas use.
Key Facts
- Maine's residential sector accounts for about 20% of the state's total natural gas consumption.
- The coefficient has decreased by 5% over the past decade, indicating improved energy efficiency.
- Residential natural gas use contributes around 15% of Maine's total greenhouse gas emissions.
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 Maine's residential sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for evaluating the environmental impact of residential natural gas use and informing energy policy decisions in Maine.
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 usage and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and utility companies use this metric to assess the greenhouse gas emissions associated with residential natural gas use and inform energy policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, with a typical delay of 2-3 months.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for Maine (EMISSCO2CNGRCBMEA), retrieved from FRED.