Coefficient for Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Rhode Island
EMISSCO2COPICBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.84
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures the weighted coefficient for industrial carbon dioxide emissions from other petroleum sources in Rhode Island. It provides insights into the state's industrial energy use and environmental impact.
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
The Coefficient for Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Rhode Island tracks the relative contribution of other petroleum products to industrial carbon dioxide emissions in the state. This metric is used by policymakers and analysts to understand energy consumption patterns and inform policies aimed at reducing industrial greenhouse gas emissions.
Methodology
The data is calculated based on energy consumption and emissions data collected by the U.S. Energy Information Administration.
Historical Context
This trend is relevant for understanding the environmental and economic implications of industrial energy use in Rhode Island.
Key Facts
- Rhode Island's industrial sector accounts for over 20% of the state's total greenhouse gas emissions.
- The weighted coefficient for other petroleum has declined by 15% in Rhode Island since 2010.
- Reducing industrial carbon emissions is a key priority for Rhode Island's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the weighted coefficient for industrial carbon dioxide emissions from other petroleum sources in Rhode Island. It provides insights into the state's industrial energy use and environmental impact.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the environmental and economic implications of industrial energy use in Rhode Island, which is crucial for informing policies aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption and emissions data collected by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to understand energy consumption patterns and inform policies aimed at reducing industrial greenhouse gas emissions in Rhode Island.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve, but there may be some delays in reporting due to the complex nature of collecting and aggregating industrial energy use and emissions data.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Rhode Island (EMISSCO2COPICBRIA), retrieved from FRED.