Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts
EMISSCO2VNGICBMAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,598,609.42
Year-over-Year Change
11.98%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures industrial carbon dioxide emissions from natural gas (pipeline) usage in Massachusetts. It provides insights into the state's energy consumption and environmental impact.
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 Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts trend tracks the amount of carbon dioxide released into the atmosphere due to the combustion of natural gas for industrial purposes within the state. This data point is a key indicator of energy usage and environmental sustainability.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
Policymakers and industry analysts use this trend to monitor progress towards emissions reduction goals and inform energy policy decisions.
Key Facts
- Massachusetts has set a goal to achieve net-zero emissions by 2050.
- Natural gas accounts for over 50% of the state's electricity generation.
- Reducing industrial emissions is a key priority for the Massachusetts government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted by industrial facilities in Massachusetts due to their consumption of natural gas delivered through pipelines.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the environmental impact of industrial energy use in Massachusetts, which is crucial for policymakers and industry stakeholders to monitor progress towards emissions reduction goals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to inform energy and environmental policies, as well as track the state's progress towards emissions reduction targets.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the time required to collect and process the information.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts (EMISSCO2VNGICBMAA), retrieved from FRED.