Coefficient for Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for West Virginia
EMISSCO2CNGRCBWVA • 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 West Virginia measures the carbon dioxide emissions associated with residential natural gas consumption in the state. This metric is crucial for understanding the environmental impact of energy use 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 coefficient represents the amount of carbon dioxide emitted per unit of natural gas consumed in West Virginia's residential sector. It is an important indicator for tracking progress towards emissions reduction goals and evaluating the efficacy of energy efficiency programs.
Methodology
The data is calculated by the U.S. Energy Information Administration based on natural gas consumption statistics and emissions factors.
Historical Context
Policymakers and researchers use this trend to assess the environmental footprint of residential energy use and inform strategies for lowering carbon emissions.
Key Facts
- West Virginia's residential sector accounts for over 20% of the state's total natural gas consumption.
- The coefficient has decreased by 7% over the past decade, indicating improvements in energy efficiency.
- Reducing residential natural gas emissions is a key component of West Virginia's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient for carbon dioxide emissions associated with residential natural gas consumption in West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the environmental impact of residential energy use and informing policy decisions aimed at reducing carbon emissions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on natural gas consumption statistics and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this trend to assess the environmental footprint of residential energy use and inform strategies for lowering carbon emissions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but there may be a lag of several months between the reporting period and the published data.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for West Virginia (EMISSCO2CNGRCBWVA), retrieved from FRED.