Industrial Carbon Dioxide Emissions, Natural Gas for North Carolina
EMISSCO2TOTVICNGNCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
49.21%
Date Range
1/1/1970 - 1/1/2021
Summary
This data series tracks industrial carbon dioxide emissions from natural gas consumption in North Carolina. It is a key economic indicator for monitoring the state's energy-related environmental impact and industrial activity.
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, Natural Gas for North Carolina data series measures the total amount of carbon dioxide (CO2) released into the atmosphere from the industrial combustion of natural gas within the state. This provides insight into North Carolina's industrial energy use and environmental footprint.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported natural gas consumption and emissions factors.
Historical Context
Policymakers and industry analysts use this data to understand the carbon intensity of North Carolina's industrial sector and inform energy and environmental policies.
Key Facts
- North Carolina's industrial natural gas CO2 emissions peaked in 2018.
- Emissions declined during the COVID-19 pandemic but have been rising since 2020.
- The industrial sector accounts for over one-third of North Carolina's total energy-related CO2 emissions.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total amount of carbon dioxide (CO2) emitted from the industrial combustion of natural gas in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the carbon intensity and environmental impact of North Carolina's industrial sector, which is crucial for informing energy and climate policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported natural gas consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this data to understand the carbon footprint of North Carolina's industrial activities and inform decisions around energy, environmental, and economic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. There may also be revisions to historical data as new information becomes available.
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Citation
U.S. Energy Information Administration, Industrial Carbon Dioxide Emissions, Natural Gas for North Carolina (EMISSCO2TOTVICNGNCA), retrieved from FRED.