Electric Power Carbon Dioxide Emissions, Petroleum for Montana
EMISSCO2TOTVECPEMTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.79
Year-over-Year Change
-0.66%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from the consumption of petroleum for electric power generation in Montana. It provides important data on 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, Petroleum for Montana series tracks the amount of carbon dioxide released into the atmosphere as a result of burning petroleum fuels for electricity generation within the state. This metric is widely used by policymakers, researchers, and the public to assess the environmental footprint of Montana's power sector.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on state-level energy consumption and emissions factors.
Historical Context
This trend is highly relevant for monitoring progress towards emissions reduction goals and informing energy and environmental policies in Montana.
Key Facts
- Montana's power sector accounted for 10% of the state's total carbon emissions in 2020.
- Petroleum makes up about 1% of Montana's electricity generation fuel mix.
- Carbon emissions from electric power in Montana have declined by 20% since 2005.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions from the consumption of petroleum fuels for electric power generation in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of Montana's electricity production and informing policies aimed at reducing greenhouse gas emissions from the power sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on state-level energy consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and the public to monitor progress towards emissions reduction goals and inform energy and environmental policies in Montana.
Q: Are there update delays or limitations?
A: The data is updated annually with a typical 1-year delay, and may not capture short-term fluctuations in emissions.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, Petroleum for Montana (EMISSCO2TOTVECPEMTA), retrieved from FRED.