Total Carbon Dioxide Emissions From All Sectors, Natural Gas for Rhode Island
EMISSCO2TOTVTTNGRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.56
Year-over-Year Change
10.86%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures total carbon dioxide emissions from all sectors that use natural gas in Rhode Island. It is an important indicator for policymakers and researchers analyzing the environmental impact of energy consumption 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 Rhode Island series tracks the total amount of carbon dioxide released from the combustion of natural gas across all economic sectors within the state. This provides insights into the greenhouse gas contributions of natural gas usage and can inform energy and environmental policies.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on state-level natural gas consumption statistics.
Historical Context
This trend is used by policymakers, researchers, and industry analysts to assess Rhode Island's progress towards emissions reduction goals and the state's reliance on natural gas as an energy source.
Key Facts
- Rhode Island's total natural gas-related CO2 emissions were 2.4 million metric tons in 2020.
- Emissions from natural gas use have declined by 13% in Rhode Island since 2005.
- The power generation sector accounts for the largest share of natural gas-related emissions in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emissions resulting from the consumption of natural gas across all economic sectors in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Rhode Island's greenhouse gas emissions profile and the role of natural gas usage, which can inform energy and environmental policies aimed at reducing the state's carbon footprint.
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 statistics.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and industry analysts use this trend to assess Rhode Island's progress towards emissions reduction goals and the state's reliance on natural gas as an energy source.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and it may not capture all emissions sources or account for changes in energy mix over time.
Related Trends
Average Hourly Earnings of All Employees: Total Private in Rhode Island
SMU44000000500000003
Real Gross Domestic Product: Machinery Manufacturing (333) in Rhode Island
RIMACHMANRGSP
Coefficient for Commercial Carbon Dioxide Emissions, Residual Fuel for Rhode Island
EMISSCO2CRFCCBRIA
Spliced Business Formations Within Four Quarters: Total for All NAICS in Rhode Island
BFSBF4QTOTALNSARI
Real Gross Domestic Product: Professional and Business Services (54, 55, 56) in Rhode Island
RIPROBUSRGSP
Total Carbon Dioxide Emissions From All Sectors, Coal for Rhode Island
EMISSCO2TOTVTTCORIA
Citation
U.S. Federal Reserve, Total Carbon Dioxide Emissions From All Sectors, Natural Gas for Rhode Island (EMISSCO2TOTVTTNGRIA), retrieved from FRED.