Residential Carbon Dioxide Emissions, Petroleum for Pennsylvania
EMISSCO2TOTVRCPEPAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.82
Year-over-Year Change
-7.11%
Date Range
1/1/1970 - 1/1/2021
Summary
This economic indicator measures residential carbon dioxide emissions from petroleum consumption in Pennsylvania. Understanding residential energy use and emissions is crucial for policymakers addressing climate change and energy efficiency goals.
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 Pennsylvania series tracks the volume of carbon dioxide released into the atmosphere from residential petroleum use within the state. This metric provides insights into household energy consumption patterns and environmental impacts that can inform policy and investment decisions.
Methodology
The data is calculated based on energy use and emissions factors published by the U.S. Energy Information Administration.
Historical Context
Trends in this indicator are closely monitored by energy analysts, environmental agencies, and state governments to support sustainable residential policies.
Key Facts
- Pennsylvania accounts for over 4% of U.S. residential petroleum emissions.
- Residential petroleum use generates about 20% of Pennsylvania's total carbon emissions.
- Emissions from this sector have declined by 15% in Pennsylvania since 2005.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the volume of carbon dioxide emissions released from residential petroleum consumption in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: Understanding residential energy use and emissions is crucial for policymakers addressing climate change, energy efficiency, and sustainable development goals.
Q: How is this data collected or calculated?
A: The data is calculated based on energy use and emissions factors published by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Trends in this indicator are closely monitored by energy analysts, environmental agencies, and state governments to support sustainable residential policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-3 month lag.
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Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, Petroleum for Pennsylvania (EMISSCO2TOTVRCPEPAA), retrieved from FRED.