Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Utah
EMISSCO2VNGICBUTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,342,888.34
Year-over-Year Change
12.38%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic indicator measures industrial carbon dioxide emissions from natural gas pipeline consumption in the state of Utah. It provides insight into energy usage and environmental impact within the state's industrial 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 Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Utah series tracks the amount of carbon dioxide released into the atmosphere as a byproduct of natural gas consumption by industrial facilities in Utah. This data point is a key metric for analyzing energy usage patterns and environmental sustainability within the state's industrial economy.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported natural gas pipeline consumption figures.
Historical Context
This trend is closely monitored by policymakers, industry groups, and environmental organizations to assess the carbon footprint of Utah's industrial activities.
Key Facts
- Utah's industrial sector accounts for over 25% of the state's total carbon emissions.
- Natural gas is the primary fuel source for over 60% of Utah's industrial facilities.
- Carbon dioxide emissions from industrial natural gas use have declined by 7% in Utah since 2015.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the amount of carbon dioxide emitted by Utah's industrial sector as a byproduct of natural gas consumption through pipelines.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the environmental impact and energy usage patterns of Utah's industrial activities, which is crucial information for policymakers, industry stakeholders, and sustainability analysts.
Q: How is this data collected or calculated?
A: The U.S. Energy Information Administration collects and calculates this data based on reported natural gas pipeline consumption figures for industrial facilities in Utah.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by policymakers, industry groups, and environmental organizations to assess the carbon footprint of Utah's industrial sector and inform energy and climate policies.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month delay, and may not capture all industrial natural gas usage due to reporting limitations.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Utah (EMISSCO2VNGICBUTA), retrieved from FRED.