Residential Carbon Dioxide Emissions, Petroleum for Minnesota
EMISSCO2TOTVRCPEMNA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.01
Year-over-Year Change
15.64%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures residential carbon dioxide emissions from petroleum consumption in Minnesota. It provides insights into the environmental impact of energy use in the residential sector.
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, Petroleum for Minnesota series tracks the amount of carbon dioxide released into the atmosphere due to the burning of petroleum-based fuels in Minnesota households. This data is useful for understanding the greenhouse gas footprint of the residential energy mix and informing policies aimed at reducing emissions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on petroleum consumption estimates and emissions factors.
Historical Context
This metric is used by policymakers, researchers, and environmental organizations to analyze residential energy use and emissions trends in Minnesota.
Key Facts
- Minnesota accounts for around 2% of total U.S. residential petroleum emissions.
- Emissions from this source have declined by 25% in Minnesota since 2005.
- Residential petroleum use makes up about 15% of Minnesota's total energy-related emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions from the residential use of petroleum-based fuels in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the environmental impact of energy use in Minnesota households and can inform policies aimed at reducing residential emissions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on estimates of petroleum consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, researchers, and environmental organizations to analyze residential energy use and emissions trends in Minnesota in order to develop effective policies and programs.
Q: Are there update delays or limitations?
A: The data is published with a time lag, typically 6-12 months after the reference period. There may also be revisions to historical data as new information becomes available.
Related Trends
90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Minnesota
PECIUB0T4MN27000A647NCEN
Real Gross Domestic Product: Administrative and Support and Waste Management and Remediation Services (56) in Minnesota
MNADMINWASTRQGSP
All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Minnesota
SMU27000007072259001SA
Total Personal Income in Minnesota
MNOTOT
All Employees: Government: State Government in Minnesota
SMS27000009092000001
All Employees: Education and Health Services: Private Education and Health Services in Minnesota
MNEDUH
Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, Petroleum for Minnesota (EMISSCO2TOTVRCPEMNA), retrieved from FRED.