Total Carbon Dioxide Emissions From All Sectors, Natural Gas for Massachusetts
EMISSCO2TOTVTTNGMAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.28
Year-over-Year Change
-1.40%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures the total carbon dioxide emissions from all sectors in Massachusetts attributable to natural gas consumption. It provides insights into the environmental impact of natural gas usage 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 'Total Carbon Dioxide Emissions From All Sectors, Natural Gas for Massachusetts' trend tracks the aggregate amount of carbon dioxide released into the atmosphere due to natural gas consumption across residential, commercial, industrial, and other sectors in Massachusetts. This data point is useful for policymakers and environmental analysts to understand the greenhouse gas implications of natural gas usage in the state.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
This trend is relevant for informing state-level energy and environmental policies.
Key Facts
- Massachusetts accounts for approximately 2% of total U.S. carbon dioxide emissions from natural gas.
- Emissions from natural gas usage in Massachusetts have declined by 15% over the past decade.
- The residential sector is the largest contributor to natural gas-related emissions in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide emissions in Massachusetts that are attributable to the consumption of natural gas across all economic sectors.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the environmental impact of natural gas usage in Massachusetts, which can inform policymaking and strategic energy planning in the state.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to understand the greenhouse gas implications of natural gas consumption in Massachusetts, which can inform state-level energy and environmental policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately 6 months, and it may not capture all sources of natural gas-related emissions in the state.
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Citation
U.S. Federal Reserve, Total Carbon Dioxide Emissions From All Sectors, Natural Gas for Massachusetts (EMISSCO2TOTVTTNGMAA), retrieved from FRED.