Total Carbon Dioxide Emissions From All Sectors, Petroleum for Illinois
EMISSCO2TOTVTTPEILA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.01
Year-over-Year Change
-3.19%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures total carbon dioxide emissions from all sectors related to petroleum consumption in Illinois. It is an important indicator for assessing the environmental impact of energy use and supporting climate policy decisions.
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, Petroleum for Illinois series tracks the total amount of CO2 released into the atmosphere from the combustion of petroleum-based fuels across all economic sectors within the state. This metric helps provide a comprehensive view of Illinois' contribution to greenhouse gas emissions from energy use.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on state-level energy consumption and emissions factors.
Historical Context
This trend is used by policymakers, researchers, and industry to understand energy-related environmental impacts and support evidence-based decisions around emissions reduction policies.
Key Facts
- Illinois is the 5th largest emitter of CO2 from petroleum in the U.S.
- Transport accounts for over 60% of Illinois' petroleum-based emissions.
- Emissions from this sector have decreased by 15% since 2005.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emissions from the combustion of petroleum-based fuels across all economic sectors within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of energy use and supporting climate policy decisions in Illinois.
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 energy consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry to assess energy-related environmental impacts and support evidence-based decisions around emissions reduction policies.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some lag in reporting due to the time required to collect and analyze the underlying energy consumption information.
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Citation
U.S. Energy Information Administration, Total Carbon Dioxide Emissions From All Sectors, Petroleum for Illinois (EMISSCO2TOTVTTPEILA), retrieved from FRED.