Commercial Carbon Dioxide Emissions, Natural Gas for South Carolina
EMISSCO2TOTVCCNGSCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.41
Year-over-Year Change
17.44%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures commercial carbon dioxide emissions from natural gas consumption in South Carolina. It is an important indicator for tracking environmental impact and energy usage in the state.
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 Commercial Carbon Dioxide Emissions, Natural Gas for South Carolina metric tracks the amount of carbon dioxide released into the atmosphere from the commercial sector's natural gas consumption within the state. This data helps policymakers and analysts understand the environmental footprint of natural gas usage in South Carolina's commercial activities.
Methodology
The data is calculated based on natural gas consumption figures reported by commercial entities in South Carolina.
Historical Context
This metric is used to assess the sustainability of commercial energy use and inform policy decisions around emissions reduction targets.
Key Facts
- South Carolina's commercial sector accounts for 25% of the state's total natural gas consumption.
- Commercial carbon dioxide emissions from natural gas have declined by 12% in South Carolina over the past decade.
- Natural gas represents 40% of the commercial sector's total energy usage in South Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted by the commercial sector in South Carolina due to its consumption of natural gas.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for tracking the environmental impact of commercial energy use and informing policies aimed at reducing carbon emissions in South Carolina.
Q: How is this data collected or calculated?
A: The data is calculated based on natural gas consumption figures reported by commercial entities in South Carolina.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and analysts to assess the sustainability of commercial energy use and inform decisions around emissions reduction targets.
Q: Are there update delays or limitations?
A: There may be a 2-3 month delay in the availability of the most recent data for this metric.
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Citation
U.S. Federal Reserve, Commercial Carbon Dioxide Emissions, Natural Gas for South Carolina (EMISSCO2TOTVCCNGSCA), retrieved from FRED.