Industrial Carbon Dioxide Emissions, Petroleum for South Carolina
EMISSCO2TOTVICPESCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.74
Year-over-Year Change
-61.80%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures industrial carbon dioxide emissions from petroleum consumption in South Carolina. It provides insights into the state's industrial energy use and environmental impact.
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, Petroleum for South Carolina series tracks CO2 emissions from petroleum used in industrial processes across the state. This data is valuable for analyzing energy consumption patterns, environmental sustainability, and the carbon footprint of South Carolina's industrial sector.
Methodology
The data is calculated based on U.S. Energy Information Administration reports on state-level petroleum consumption and emissions factors.
Historical Context
Policymakers and industry analysts use this metric to assess the environmental performance of South Carolina's industrial base and support emissions reduction strategies.
Key Facts
- South Carolina's industrial sector accounts for over 25% of the state's total carbon emissions.
- Petroleum is the primary fuel source for industrial processes in South Carolina.
- Reducing industrial carbon emissions is a key policy goal for the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions from petroleum consumption by South Carolina's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the environmental impact of South Carolina's industrial activities and supports efforts to improve energy efficiency and reduce emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on reports from the U.S. Energy Information Administration on state-level petroleum consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to assess the environmental performance of South Carolina's industrial base and support emissions reduction strategies.
Q: Are there update delays or limitations?
A: This data is published with a lag of several months, and it may not capture all industrial emissions sources in the state.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Petroleum for South Carolina (EMISSCO2TOTVICPESCA), retrieved from FRED.