Commercial Carbon Dioxide Emissions, All Fuels for Maine
EMISSCO2TOTVCCTOMEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.76
Year-over-Year Change
-3.42%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures the total commercial carbon dioxide emissions from all fuel sources in the state of Maine. It is an important indicator for policymakers and analysts assessing the environmental impact of commercial activity 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, All Fuels for Maine metric tracks the total amount of carbon dioxide released into the atmosphere from commercial energy consumption in Maine. This provides insights into the environmental footprint of the state's businesses and commercial sector.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel consumption and carbon content.
Historical Context
This trend is used by policymakers, environmental agencies, and market analysts to monitor the commercial sector's contribution to carbon emissions and guide sustainability initiatives.
Key Facts
- Maine's commercial sector accounts for over 20% of the state's total carbon emissions.
- Emissions from commercial buildings have declined by 15% in Maine since 2005.
- The service industry is the largest contributor to commercial carbon emissions in Maine.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emissions from all commercial fuel sources in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the environmental impact of Maine's commercial sector, which is crucial for policymakers and analysts assessing sustainability initiatives.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel consumption and carbon content.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, environmental agencies, and market analysts to monitor the commercial sector's contribution to carbon emissions and guide sustainability initiatives in Maine.
Q: Are there update delays or limitations?
A: The data is released with a delay of several months, and may not capture all commercial fuel sources in the state.
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Citation
U.S. Federal Reserve, Commercial Carbon Dioxide Emissions, All Fuels for Maine (EMISSCO2TOTVCCTOMEA), retrieved from FRED.