Industrial Carbon Dioxide Emissions, Coal for Florida
EMISSCO2TOTVICCOFLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.57
Year-over-Year Change
-75.16%
Date Range
1/1/1970 - 1/1/2021
Summary
This economic trend measures industrial carbon dioxide emissions from coal consumption in Florida. It is an important indicator for monitoring environmental impact and energy usage 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 Industrial Carbon Dioxide Emissions, Coal for Florida series tracks the total amount of CO2 produced by the combustion of coal for industrial purposes within the state of Florida. This metric is used by policymakers, researchers, and industry analysts to assess energy consumption patterns and the environmental footprint of industrial activity.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported coal usage and standard emissions factors.
Historical Context
This trend is relevant for understanding the role of fossil fuels in Florida's industrial sector and informing policies aimed at reducing greenhouse gas emissions.
Key Facts
- Coal accounts for 20% of Florida's industrial energy use.
- Emissions from this sector have declined by 15% since 2010.
- The industrial sector is responsible for 25% of Florida's total CO2 output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emissions generated by the consumption of coal for industrial purposes within the state of Florida.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for monitoring the environmental impact and energy usage patterns of Florida's industrial sector, which can inform policymaking and sustainability initiatives.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported coal usage and standard emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry analysts to assess the role of fossil fuels in Florida's industrial sector and inform policies aimed at reducing greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is updated quarterly with a 2-month delay, and may not capture all industrial activity in the state.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Coal for Florida (EMISSCO2TOTVICCOFLA), retrieved from FRED.