Transportation Carbon Dioxide Emissions, Residual Fuel for Rhode Island
EMISSCO2VRFACBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,024.36
Year-over-Year Change
-51.85%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures the amount of carbon dioxide emissions from residual fuel consumption in the transportation sector for the state of Rhode Island. It is an important indicator for tracking environmental impact and energy usage.
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 Transportation Carbon Dioxide Emissions, Residual Fuel for Rhode Island series tracks the carbon dioxide emissions produced by the consumption of residual fuel in the transportation sector within the state. This metric is useful for policymakers and analysts assessing the environmental footprint and energy trends of Rhode Island's transportation activities.
Methodology
The data is calculated based on energy consumption statistics and emissions factors.
Historical Context
This metric can inform policy decisions and industry analysis around sustainable transportation and emissions reduction initiatives.
Key Facts
- Rhode Island's transportation sector accounts for over 40% of total state emissions.
- Residual fuel is a heavy, low-grade oil used in ships and power plants.
- Reducing transportation emissions is a key climate goal for many states.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions from the consumption of residual fuel in Rhode Island's transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating the environmental impact and energy usage patterns of Rhode Island's transportation activities, which can inform policy decisions and industry analysis.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption statistics and emissions factors.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions and industry analysis around sustainable transportation and emissions reduction initiatives.
Q: Are there update delays or limitations?
A: The data may have a delay in reporting due to the time required to collect and process the underlying energy consumption and emissions information.
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Citation
U.S. Federal Reserve, Transportation Carbon Dioxide Emissions, Residual Fuel for Rhode Island (EMISSCO2VRFACBRIA), retrieved from FRED.