Residential Carbon Dioxide Emissions, Natural Gas for North Dakota
EMISSCO2TOTVRCNGNDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.63
Year-over-Year Change
-2.02%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures residential carbon dioxide emissions from natural gas consumption in North Dakota. It is a key indicator of energy use and environmental impact in the state.
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 Residential Carbon Dioxide Emissions, Natural Gas for North Dakota series tracks the total amount of carbon dioxide emitted by residential natural gas usage in the state. This provides insight into household energy consumption patterns and the environmental footprint of residential activities.
Methodology
The data is calculated based on natural gas consumption figures and standard emissions factors.
Historical Context
This trend is used by policymakers and researchers to assess residential energy usage and guide initiatives aimed at improving efficiency and reducing emissions.
Key Facts
- North Dakota is a major natural gas producer.
- Residential natural gas accounts for 25% of total emissions in the state.
- Emissions from this sector have declined 10% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emitted by residential natural gas usage in North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into household energy consumption patterns and the environmental impact of residential activities, which is important for policymakers and researchers.
Q: How is this data collected or calculated?
A: The data is calculated based on natural gas consumption figures and standard emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and researchers to assess residential energy usage and guide initiatives aimed at improving efficiency and reducing emissions.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delay in reporting due to the time required to collect and process the information.
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Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, Natural Gas for North Dakota (EMISSCO2TOTVRCNGNDA), retrieved from FRED.