Coefficient for Electric Power Carbon Dioxide Emissions, Petroleum Coke for Virginia
EMISSCO2CPCEIBVAA • 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 Virginia measures the rate of CO2 emissions from petroleum coke used for electricity generation in the state of Virginia. This metric is crucial for tracking the environmental impact of power production 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 data series represents the carbon dioxide emission coefficient, which quantifies the amount of CO2 released per unit of petroleum coke consumed for electricity generation in Virginia. Economists and policymakers use this information to assess the carbon footprint of the state's power sector and develop strategies to reduce greenhouse gas emissions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Historical Context
This trend is used to inform energy and environmental policies, as well as to analyze the market and operational factors driving changes in the carbon intensity of Virginia's electricity generation.
Key Facts
- Virginia's electricity generation is heavily reliant on fossil fuels.
- Petroleum coke is a byproduct of oil refining with high carbon content.
- Reducing the carbon intensity of power production is a key policy goal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emission coefficient for petroleum coke used in electricity generation in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for tracking the environmental impact of power production and informing energy policy decisions to reduce greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used to inform energy and environmental policies, as well as to analyze the market and operational factors driving changes in the carbon intensity of Virginia's electricity generation.
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 revision and delays in reporting.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Petroleum Coke for Virginia (EMISSCO2CPCEIBVAA), retrieved from FRED.