Electric Power Carbon Dioxide Emissions, Coal (Electric Utility) for North Carolina
EMISSCO2VCLEIBNCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,834,079.23
Year-over-Year Change
-57.93%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures carbon dioxide emissions from coal-fired electric power generation in North Carolina. It is an important indicator for tracking the state's progress in reducing greenhouse gas emissions from the electricity sector.
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 Electric Power Carbon Dioxide Emissions, Coal (Electric Utility) for North Carolina series tracks the volume of carbon dioxide (CO2) released into the atmosphere from the combustion of coal for electricity generation within the state. This metric is closely monitored by policymakers and analysts to assess North Carolina's efforts to transition to cleaner energy sources and mitigate climate change.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
This trend is used to inform North Carolina's energy and environmental policies, as well as to analyze the state's progress towards renewable energy and emissions reduction goals.
Key Facts
- North Carolina aims to reduce greenhouse gas emissions by 40% below 2005 levels by 2025.
- Coal-fired power plants account for over 20% of North Carolina's total energy generation.
- Reducing emissions from the electricity sector is a key priority for the state's clean energy transition.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide (CO2) emissions from the combustion of coal for electricity generation in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator for tracking North Carolina's progress in reducing greenhouse gas emissions from the electricity sector, a key focus area for the state's clean energy and climate change mitigation efforts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used to inform North Carolina's energy and environmental policies, as well as to analyze the state's progress towards renewable energy and emissions reduction goals.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically 1-2 months after the end of the reporting period. There may be minor revisions to historical data as new information becomes available.
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Citation
U.S. Energy Information Administration, Electric Power Carbon Dioxide Emissions, Coal (Electric Utility) for North Carolina (EMISSCO2VCLEIBNCA), retrieved from FRED.