Industrial Carbon Dioxide Emissions, Residual Fuel for Tennessee
EMISSCO2VRFICBTNA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,959.91
Year-over-Year Change
-76.04%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures industrial carbon dioxide emissions from residual fuel use in Tennessee. It provides insights into the environmental impact and energy consumption patterns of industrial activities 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 Industrial Carbon Dioxide Emissions, Residual Fuel for Tennessee series tracks the amount of carbon dioxide released into the atmosphere as a byproduct of industrial processes that consume residual fuel oil in Tennessee. This data is crucial for understanding the environmental footprint of the state's industrial sector and informing policymakers and analysts about energy and emissions trends.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on industry-reported fuel consumption and emissions factors.
Historical Context
This trend is used by policymakers, environmental regulators, and industry analysts to monitor progress towards emissions reduction goals and assess the impact of industrial activities on the state's carbon footprint.
Key Facts
- Tennessee's industrial sector accounts for over 25% of the state's total carbon dioxide emissions.
- Residual fuel oil is a dense, high-sulfur fuel used in industrial boilers and power plants.
- Emissions from industrial residual fuel use have declined by 15% in Tennessee over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted by Tennessee's industrial sector as a result of residual fuel oil consumption.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the environmental impact of industrial activities in Tennessee and informing policy decisions related to emissions reduction and energy use.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on industry-reported fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers, environmental regulators, and industry analysts use this trend to monitor progress towards emissions reduction goals and assess the impact of industrial activities on Tennessee's carbon footprint.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately 6 months, and it may not capture all industrial emissions sources in the state.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Residual Fuel for Tennessee (EMISSCO2VRFICBTNA), retrieved from FRED.