Transportation Carbon Dioxide Emissions, Petroleum for Maryland
EMISSCO2TOTVTCPEMDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.09
Year-over-Year Change
-15.53%
Date Range
1/1/1970 - 1/1/2021
Summary
This economic trend measures transportation-related carbon dioxide emissions from petroleum consumption in Maryland. It provides insights into the environmental impact of transportation activities within 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 Transportation Carbon Dioxide Emissions, Petroleum for Maryland data series tracks the volume of carbon dioxide emissions attributed to transportation fuel use in Maryland. This metric is used by policymakers and analysts to assess the environmental sustainability of the state's transportation sector.
Methodology
The data is calculated based on petroleum consumption figures and emissions factors.
Historical Context
This trend is relevant for evaluating progress towards emissions reduction goals and informing transportation and energy policies.
Key Facts
- Maryland accounts for approximately 2% of total U.S. transportation-related CO2 emissions.
- Emissions from the transportation sector make up over 30% of Maryland's total greenhouse gas output.
- The state has set a goal to reduce transportation emissions by 40% below 2006 levels by 2030.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions attributed to transportation fuel use, specifically petroleum consumption, within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the environmental sustainability of Maryland's transportation sector and informing policies aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on petroleum consumption figures and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to evaluate progress towards emissions reduction goals and inform transportation and energy policies in Maryland.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Transportation Carbon Dioxide Emissions, Petroleum for Maryland (EMISSCO2TOTVTCPEMDA), retrieved from FRED.