Industrial Carbon Dioxide Emissions, Petroleum for Virginia
EMISSCO2TOTVICPEVAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.85
Year-over-Year Change
-43.68%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures industrial carbon dioxide emissions from petroleum consumption in Virginia. It is an important indicator of the state's energy usage 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 Virginia series tracks the total amount of carbon dioxide released into the atmosphere from the combustion of petroleum-based fuels by industrial facilities located in the state. This data helps analysts and policymakers understand energy-related emissions patterns and the environmental footprint of Virginia's industrial sector.
Methodology
The data is calculated based on energy consumption and emissions factors reported to the U.S. Energy Information Administration.
Historical Context
This trend informs decisions around energy policy, emissions regulations, and sustainability initiatives in Virginia.
Key Facts
- Virginia's industrial sector accounts for over 20% of the state's total carbon emissions.
- Emissions from petroleum combustion make up the largest share of industrial CO2 output in Virginia.
- Reducing industrial carbon footprint is a key goal of Virginia's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide emissions released by industrial facilities in Virginia through the combustion of petroleum-based fuels.
Q: Why is this trend relevant for users or analysts?
A: This data helps policymakers, businesses, and the public understand the environmental impact of Virginia's industrial sector and inform decisions around emissions reduction strategies.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption and emissions factors reported to the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend informs decisions around energy policy, emissions regulations, and sustainability initiatives in Virginia.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be lags of several months between the reporting period and public release.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Petroleum for Virginia (EMISSCO2TOTVICPEVAA), retrieved from FRED.