Coefficient for Electric Power Carbon Dioxide Emissions, Petroleum Coke for Rhode Island
EMISSCO2CPCEIBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.12
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Electric Power Carbon Dioxide Emissions, Petroleum Coke for Rhode Island measures the carbon dioxide emissions per unit of electricity generated from petroleum coke in the state of Rhode Island.
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 series represents the amount of carbon dioxide released into the atmosphere per megawatt-hour of electricity produced from petroleum coke, a type of fuel used in power generation. It is an important metric for monitoring the environmental impact of electricity production in Rhode Island.
Methodology
The data is calculated based on energy consumption and emissions factors reported by power generation facilities.
Historical Context
Policymakers and energy analysts use this metric to assess the carbon intensity of Rhode Island's electricity supply and inform clean energy initiatives.
Key Facts
- Rhode Island has set a goal of 100% renewable electricity by 2030.
- Petroleum coke is a high-carbon fossil fuel byproduct of oil refining.
- Carbon dioxide is a major greenhouse gas contributing to climate change.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of electricity generated from petroleum coke in Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of Rhode Island's electricity production and informing clean energy policies.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption and emissions factors reported by power generation facilities.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this metric to assess the carbon intensity of Rhode Island's electricity supply and inform clean energy initiatives.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may be subject to reporting lags or changes in methodology over time.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Petroleum Coke for Rhode Island (EMISSCO2CPCEIBRIA), retrieved from FRED.