Electric Power Carbon Dioxide Emissions, All Fuels for Alabama
EMISSCO2TOTVECTOALA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.20
Year-over-Year Change
-29.52%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide (CO2) emissions from electric power generation in Alabama, including all fuel sources. It is an important indicator for monitoring the state's environmental impact and progress towards sustainability goals.
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, All Fuels for Alabama trend tracks the total amount of CO2 released from the state's electricity production sector. This data is used by policymakers, researchers, and industry stakeholders to analyze energy use, evaluate emissions reduction strategies, and inform climate change mitigation efforts.
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 a key input for assessing Alabama's progress towards national and regional emissions reduction targets.
Key Facts
- Alabama's electric power sector accounts for over 50% of the state's total CO2 emissions.
- Emissions from this trend have declined by 25% since 2005 due to a shift towards natural gas and renewable energy.
- The state has set a goal of achieving carbon neutrality in the electric power sector by 2050.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide (CO2) emissions from the generation of electric power in the state of Alabama, including all fuel sources such as coal, natural gas, and renewables.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator for monitoring Alabama's environmental impact and progress towards sustainability goals, as the electric power sector is a major contributor to the state's overall greenhouse gas emissions.
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 a key input for assessing Alabama's progress towards national and regional emissions reduction targets, and it informs policymakers, researchers, and industry stakeholders in their efforts to develop and implement climate change mitigation strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a few months' delay, and it may not capture all sources of emissions or account for changes in fuel mix or generation technology over time.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, All Fuels for Alabama (EMISSCO2TOTVECTOALA), retrieved from FRED.