Industrial Carbon Dioxide Emissions, Residual Fuel for Rhode Island
EMISSCO2VRFICBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
787.97
Year-over-Year Change
-99.27%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures industrial carbon dioxide emissions from residual fuel use in Rhode Island. It provides important insights into the state's industrial energy consumption 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, Residual Fuel for Rhode Island series tracks the volume of carbon dioxide released into the atmosphere from the combustion of residual fuel oil by industrial facilities in the state. This metric helps analysts and policymakers understand energy usage patterns and progress towards emissions reduction goals.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported industrial fuel consumption.
Historical Context
This emissions trend is used to inform state-level energy and environmental policies.
Key Facts
- Rhode Island's industrial CO2 emissions from residual fuel peaked in 1999.
- Emissions declined by over 60% between 1990 and 2020.
- Residual fuel use accounts for around 15% of Rhode Island's total industrial energy consumption.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions from the combustion of residual fuel oil by industrial facilities in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into Rhode Island's industrial energy use and environmental impact, which is crucial for informing state-level energy and climate policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on reported industrial fuel consumption.
Q: How is this trend used in economic policy?
A: This emissions trend is used by policymakers and analysts to assess Rhode Island's progress towards environmental goals and to inform state-level energy and climate policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in industrial emissions.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Residual Fuel for Rhode Island (EMISSCO2VRFICBRIA), retrieved from FRED.