Electric Power Carbon Dioxide Emissions, Natural Gas for Colorado
EMISSCO2TOTVECNGCOA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.70
Year-over-Year Change
5.90%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from natural gas-powered electric power generation in Colorado. It provides insight into the environmental impact of the state's electricity production.
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 Electric Power Carbon Dioxide Emissions, Natural Gas for Colorado metric tracks the amount of CO2 released into the atmosphere from natural gas-fired power plants in the state. This data point is valuable for understanding the carbon footprint of Colorado's electricity sector and informing energy and environmental policy decisions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
Policymakers and energy analysts use this metric to assess the environmental performance of Colorado's electricity generation mix.
Key Facts
- Colorado generated 55% of its electricity from natural gas in 2021.
- Natural gas power plants account for over 50% of Colorado's electricity-related CO2 emissions.
- Reducing natural gas emissions is a key priority for Colorado's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide (CO2) emitted from natural gas-fired power plants in the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of Colorado's electricity generation and informing energy and climate policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this metric to assess the carbon footprint of Colorado's electricity sector and develop strategies to reduce greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is published regularly by the EIA, but there may be a lag of several months between the end of the reporting period and the public release of the information.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, Natural Gas for Colorado (EMISSCO2TOTVECNGCOA), retrieved from FRED.