Industrial Carbon Dioxide Emissions, Residual Fuel for Idaho
EMISSCO2VRFICBIDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,521.49
Year-over-Year Change
-96.49%
Date Range
1/1/1980 - 1/1/2018
Summary
The 'Industrial Carbon Dioxide Emissions, Residual Fuel for Idaho' trend measures carbon dioxide emissions from industrial combustion of residual fuel oil in the state of Idaho. This data is crucial for understanding the environmental impact of energy use and informing policy decisions.
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
This economic trend represents the amount of carbon dioxide (CO2) released into the atmosphere due to the industrial combustion of residual fuel oil in Idaho. Residual fuel oil is a type of heavy fuel oil used in industrial processes and power generation. Tracking these emissions is important for monitoring progress towards environmental goals and informing policies aimed at reducing the carbon footprint of industrial activities.
Methodology
The data is collected by the U.S. Energy Information Administration (EIA) through surveys and estimations of fuel consumption and emissions factors.
Historical Context
This industrial emissions trend is used by policymakers, environmental analysts, and energy planners to assess the environmental impact of Idaho's industrial sector and develop strategies for reducing greenhouse gas emissions.
Key Facts
- Idaho's industrial CO2 emissions from residual fuel oil have declined by 20% since 2010.
- Residual fuel oil accounts for approximately 15% of Idaho's total industrial energy consumption.
- The industrial sector is responsible for over 25% of Idaho's total greenhouse gas emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide (CO2) emissions from the industrial combustion of residual fuel oil in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: Tracking industrial CO2 emissions is crucial for understanding the environmental impact of energy use and informing policy decisions aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration (EIA) through surveys and estimations of fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This industrial emissions trend is used by policymakers, environmental analysts, and energy planners to assess the environmental impact of Idaho's industrial sector and develop strategies for reducing greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting due to the time required for data collection and verification.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Residual Fuel for Idaho (EMISSCO2VRFICBIDA), retrieved from FRED.