Industrial Carbon Dioxide Emissions, All Fuels for South Dakota
EMISSCO2TOTVICTOSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.97
Year-over-Year Change
26.20%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures industrial carbon dioxide emissions from all fuel sources in South Dakota. It provides important insights into the state's environmental impact and energy use patterns.
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, All Fuels for South Dakota series tracks the total amount of CO2 released into the atmosphere by industrial activities and energy consumption within the state. This metric is a key indicator of the state's environmental sustainability and energy efficiency.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel usage and emissions factors.
Historical Context
Policymakers and industry analysts use this trend to assess South Dakota's progress towards emissions reduction goals and guide energy and environmental policies.
Key Facts
- South Dakota's industrial CO2 emissions peaked in 2007 at over 7 million metric tons.
- Emissions declined by 27% between 2007 and 2020 as the state shifted towards renewable energy sources.
- The manufacturing and agricultural sectors account for the majority of South Dakota's industrial CO2 output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emitted by industrial activities and energy consumption in the state of South Dakota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into South Dakota's environmental impact and energy use patterns, which is crucial information for policymakers, industry analysts, and sustainability advocates.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel usage and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to assess South Dakota's progress towards emissions reduction goals and guide energy and environmental policies.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but may be subject to minor reporting delays or revisions.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, All Fuels for South Dakota (EMISSCO2TOTVICTOSDA), retrieved from FRED.