Electric Power Carbon Dioxide Emissions, Petroleum for Wisconsin
EMISSCO2TOTVECPEWIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.41
Year-over-Year Change
-32.48%
Date Range
1/1/1970 - 1/1/2021
Summary
The 'Electric Power Carbon Dioxide Emissions, Petroleum for Wisconsin' trend measures carbon dioxide emissions from petroleum-based electricity generation in the state of Wisconsin. This metric is important for understanding the environmental impact of Wisconsin's energy mix and informing policy decisions.
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
This series tracks carbon dioxide emissions specifically from petroleum-based electricity generation within Wisconsin. It is a key indicator of the state's reliance on fossil fuels for power production and can help policymakers and energy analysts assess progress towards emissions reduction goals.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
This trend is used by policymakers, utilities, and environmental groups to evaluate Wisconsin's energy transition and progress towards clean energy targets.
Key Facts
- Wisconsin's petroleum-based electricity generation accounts for under 1% of total state electricity.
- Carbon dioxide emissions from this source have declined by over 50% since 2005.
- Petroleum is the least-used fuel for electricity in Wisconsin, behind natural gas and coal.
FAQs
Q: What does this economic trend measure?
A: This trend measures carbon dioxide emissions specifically from petroleum-based electricity generation in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Wisconsin's energy mix and progress towards emissions reduction goals.
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 emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, utilities, and environmental groups to evaluate Wisconsin's energy transition and progress towards clean energy targets.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and only covers petroleum-based electricity generation, not total state emissions.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, Petroleum for Wisconsin (EMISSCO2TOTVECPEWIA), retrieved from FRED.