Total Carbon Dioxide Emissions From All Sectors, Petroleum for Virginia
EMISSCO2TOTVTTPEVAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.72
Year-over-Year Change
-3.43%
Date Range
1/1/1970 - 1/1/2021
Summary
This economic trend measures total carbon dioxide emissions from all sectors, specifically from petroleum use in Virginia. It provides important insights into the state's environmental impact and energy consumption patterns.
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 Virginia trend tracks the amount of carbon dioxide released into the atmosphere due to the use of petroleum-based fuels across various industries and sectors within the state. This data is crucial for understanding Virginia's environmental footprint and informing policy decisions related to energy and emissions reduction.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Historical Context
This trend is widely used by policymakers, environmental organizations, and energy analysts to assess Virginia's progress towards emissions reduction goals and sustainable energy strategies.
Key Facts
- Virginia's total carbon dioxide emissions from petroleum were 46.7 million metric tons in 2020.
- Petroleum accounts for approximately 45% of Virginia's total energy-related emissions.
- Emissions from the transportation sector make up the largest share of Virginia's petroleum-related CO2 output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emissions from all sectors in Virginia that are attributable to the use of petroleum-based fuels.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Virginia's environmental impact and energy consumption patterns, which is crucial for informing policy decisions and emissions reduction strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, environmental organizations, and energy analysts to assess Virginia's progress towards emissions reduction goals and sustainable energy strategies.
Q: Are there update delays or limitations?
A: The data is typically updated on an annual basis, and there may be some delays in the release of the most recent figures.
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Citation
U.S. Energy Information Administration, Total Carbon Dioxide Emissions From All Sectors, Petroleum for Virginia (EMISSCO2TOTVTTPEVAA), retrieved from FRED.