Commercial Carbon Dioxide Emissions, Petroleum for Colorado
EMISSCO2TOTVCCPECOA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.12
Year-over-Year Change
51.32%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures commercial carbon dioxide emissions from petroleum consumption in Colorado. It is an important indicator for monitoring the environmental impact of energy use and informing energy and climate policies.
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, Petroleum for Colorado series tracks the volume of carbon dioxide released into the atmosphere from the commercial sector's use of petroleum-based fuels in Colorado. This metric helps assess the carbon footprint of commercial activities and supports policy decisions related to energy efficiency and emissions reduction.
Methodology
The data is calculated based on reported petroleum consumption and standard emissions factors.
Historical Context
This trend is used by policymakers, environmental analysts, and industry stakeholders to understand the commercial sector's contribution to Colorado's overall carbon emissions.
Key Facts
- Commercial sector accounts for 25% of Colorado's total carbon emissions.
- Emissions from petroleum use make up 60% of commercial sector's carbon footprint.
- Colorado aims to reduce greenhouse gas emissions 50% by 2030.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions from the commercial sector's use of petroleum-based fuels in Colorado.
Q: Why is this trend relevant for users or analysts?
A: This metric helps assess the commercial sector's environmental impact and supports policy decisions related to energy efficiency and emissions reduction in Colorado.
Q: How is this data collected or calculated?
A: The data is calculated based on reported petroleum consumption and standard emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers, environmental analysts, and industry stakeholders use this trend to understand the commercial sector's contribution to Colorado's overall carbon emissions and inform energy and climate policies.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be some delay in reporting due to the time required to collect and process the underlying petroleum consumption information.
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Citation
U.S. Federal Reserve, Commercial Carbon Dioxide Emissions, Petroleum for Colorado (EMISSCO2TOTVCCPECOA), retrieved from FRED.