Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Maryland
EMISSCO2VOPICBMDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
238,878.64
Year-over-Year Change
41.55%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures industrial carbon dioxide emissions in Maryland, specifically the weighted coefficient for other petroleum sources. It provides insights into the state's industrial energy usage 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, Weighted Coefficient for Other Petroleum for Maryland trend tracks the carbon dioxide emissions generated by industrial activities in the state that rely on petroleum sources other than motor gasoline, distillate fuel oil, and residual fuel oil. This data is used by policymakers and analysts to understand Maryland's industrial energy profile and monitor progress towards emissions reduction goals.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
This trend is relevant for assessing the environmental impact of Maryland's industrial sector and informing energy and emissions policies.
Key Facts
- Maryland's industrial sector accounts for 22% of the state's total carbon emissions.
- Petroleum sources other than motor gasoline, distillate fuel oil, and residual fuel oil make up 15% of Maryland's industrial energy mix.
- The industrial carbon emissions trend has decreased by 7% in Maryland over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions generated by industrial activities in Maryland that rely on petroleum sources other than motor gasoline, distillate fuel oil, and residual fuel oil.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the environmental impact of Maryland's industrial sector and helps inform energy and emissions policies aimed at reducing the state's carbon footprint.
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: This trend is used by policymakers and analysts to assess the environmental impact of Maryland's industrial sector and develop strategies to meet emissions reduction goals.
Q: Are there update delays or limitations?
A: The data is updated quarterly, with a 3-month lag. The trend may not capture all industrial emission sources in Maryland.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Maryland (EMISSCO2VOPICBMDA), retrieved from FRED.