Industrial Carbon Dioxide Emissions, Coal for North Dakota
EMISSCO2TOTVICCONDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.10
Year-over-Year Change
-8.98%
Date Range
1/1/1970 - 1/1/2021
Summary
This data series tracks industrial carbon dioxide emissions from coal combustion in North Dakota. It is an important indicator of environmental impact and energy usage in the state's industrial sector.
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 North Dakota series measures the amount of carbon dioxide released into the atmosphere from the burning of coal by industrial facilities in the state. This metric is closely watched by policymakers, analysts, and researchers to understand the environmental footprint and energy consumption patterns of North Dakota's industrial base.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration using industry surveys and emissions modeling.
Historical Context
This trend is used to inform energy and environmental policies, as well as to analyze the competitive position of North Dakota industries.
Key Facts
- North Dakota is a major coal-producing state.
- Industrial emissions account for a significant portion of the state's total greenhouse gas output.
- Trends in this data can impact regulations and investment decisions.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the amount of carbon dioxide emitted by industrial facilities in North Dakota that use coal as an energy source.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact and energy usage patterns of North Dakota's industrial sector, which can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The U.S. Energy Information Administration collects and calculates this data using industry surveys and emissions modeling.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to inform energy and environmental policies, as well as to analyze the competitive position of North Dakota industries.
Q: Are there update delays or limitations?
A: There may be some delay in data reporting, and the accuracy of the emissions modeling can be affected by changes in industrial processes or reporting.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Coal for North Dakota (EMISSCO2TOTVICCONDA), retrieved from FRED.