Total Carbon Dioxide Emissions From All Sectors, All Fuels for Illinois

EMISSCO2TOTVTTTOILA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

184.23

Year-over-Year Change

-18.92%

Date Range

1/1/1970 - 1/1/2021

Summary

This trend measures total carbon dioxide emissions from all sectors and fuels in the state of Illinois. It is a key indicator for tracking environmental sustainability and the state's progress in reducing greenhouse gas emissions.

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 trend for Illinois represents the total amount of CO2 released into the atmosphere from a variety of sources, including energy production, transportation, industrial processes, and other economic activities within the state. Monitoring this metric is crucial for policymakers and analysts to assess the state's environmental impact and guide efforts to mitigate climate change.

Methodology

The data is collected and calculated by the U.S. Energy Information Administration using a combination of direct measurements and modeling techniques.

Historical Context

Policymakers and industry stakeholders use this trend to inform emissions reduction strategies and track progress towards environmental sustainability goals.

Key Facts

  • Illinois is the 5th largest emitter of CO2 in the United States.
  • Transportation accounts for the largest share of emissions in Illinois at 42%.
  • Illinois has set a goal to reduce greenhouse gas emissions 26-28% below 2005 levels by 2025.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total amount of carbon dioxide (CO2) emissions from all sectors and all fuel sources within the state of Illinois.

Q: Why is this trend relevant for users or analysts?

A: Tracking Illinois' total CO2 emissions is crucial for understanding the state's environmental impact and guiding efforts to reduce greenhouse gas emissions and mitigate climate change.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Energy Information Administration using a combination of direct measurements and modeling techniques.

Q: How is this trend used in economic policy?

A: Policymakers and industry stakeholders use this trend to inform emissions reduction strategies and track progress towards environmental sustainability goals in Illinois.

Q: Are there update delays or limitations?

A: The data is updated periodically by the U.S. Energy Information Administration, but there may be delays in reporting due to the complexity of data collection and modeling.

Related Trends

Citation

U.S. Federal Reserve, Total Carbon Dioxide Emissions From All Sectors, All Fuels for Illinois (EMISSCO2TOTVTTTOILA), retrieved from FRED.