Coefficient for Electric Power Carbon Dioxide Emissions, Residual Fuel for Virginia
EMISSCO2CRFEIBVAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.80
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Electric Power Carbon Dioxide Emissions, Residual Fuel for Virginia measures the carbon emissions associated with the use of residual fuel for electricity generation in the state of Virginia.
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 released per unit of residual fuel consumed for power production. It is an important metric for tracking the environmental impact of Virginia's electricity sector and informing policy decisions related to energy and emissions.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
Policymakers and energy analysts use this trend to assess the carbon intensity of Virginia's power generation and inform strategies for reducing greenhouse gas emissions.
Key Facts
- The coefficient has ranged from 0.078 to 0.083 over the past 5 years.
- Residual fuel accounts for less than 1% of Virginia's total electricity generation.
- Reducing the carbon intensity of residual fuel use is a key focus for Virginia's clean energy transition.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of residual fuel consumed for electricity generation in Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of Virginia's power sector and informing policies and strategies to reduce greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this trend to assess the carbon intensity of Virginia's power generation and inform strategies for reducing emissions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely information for analysis and decision-making.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Residual Fuel for Virginia (EMISSCO2CRFEIBVAA), retrieved from FRED.