Commercial Carbon Dioxide Emissions, Residual Fuel for Maine
EMISSCO2VRFCCBMEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,935.56
Year-over-Year Change
-85.62%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures the commercial carbon dioxide emissions from residual fuel consumption in Maine. It provides insights into the environmental impact of commercial energy use in the state.
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 Commercial Carbon Dioxide Emissions, Residual Fuel for Maine trend tracks the amount of carbon dioxide released into the atmosphere from the commercial sector's use of residual fuel oil in Maine. This metric is important for analyzing the environmental footprint of Maine's commercial energy consumption.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported residual fuel oil sales and emissions factors.
Historical Context
This trend is useful for policymakers, researchers, and businesses to understand Maine's commercial carbon emissions and inform energy and environmental policies.
Key Facts
- Maine's commercial sector accounts for 20% of the state's total carbon emissions.
- Residual fuel oil is the primary energy source for 15% of Maine's commercial buildings.
- Commercial carbon emissions in Maine have declined by 12% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted by the commercial sector in Maine from the consumption of residual fuel oil.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the environmental impact of Maine's commercial energy use, which is crucial for informing energy and climate policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported residual fuel oil sales and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and businesses use this trend to understand Maine's commercial carbon emissions and inform energy and environmental policies.
Q: Are there update delays or limitations?
A: The data is updated quarterly, and there may be a 2-3 month delay in the most recent figures.
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Citation
U.S. Federal Reserve, Commercial Carbon Dioxide Emissions, Residual Fuel for Maine (EMISSCO2VRFCCBMEA), retrieved from FRED.