Transportation Carbon Dioxide Emissions, Natural Gas for Maryland
EMISSCO2TOTVTCNGMDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.52
Year-over-Year Change
917.32%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from natural gas consumption in the transportation sector for the state of Maryland. It is an important metric for understanding the environmental impact of energy use and informing energy and climate policies.
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 Transportation Carbon Dioxide Emissions, Natural Gas for Maryland series tracks the amount of carbon dioxide released into the atmosphere from the combustion of natural gas for transportation purposes within the state. This data point is crucial for policymakers and analysts seeking to monitor and mitigate the greenhouse gas emissions associated with energy consumption.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on state-level natural gas consumption and emissions factors.
Historical Context
This trend provides valuable insights for energy and environmental policy discussions at the state and national level.
Key Facts
- Maryland's transportation sector accounts for over 30% of the state's total carbon dioxide emissions.
- Natural gas comprises around 3% of Maryland's transportation fuel mix.
- Emissions from natural gas use in transportation have declined by 15% in Maryland since 2005.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions from the consumption of natural gas for transportation purposes in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important data for understanding the environmental impact of energy use in Maryland's transportation sector and informing relevant energy and climate policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on state-level natural gas consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and analysts to monitor and mitigate the greenhouse gas emissions associated with energy consumption in the transportation sector at the state and national level.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Transportation Carbon Dioxide Emissions, Natural Gas for Maryland (EMISSCO2TOTVTCNGMDA), retrieved from FRED.