Industrial Carbon Dioxide Emissions, Residual Fuel for Virginia
EMISSCO2VRFICBVAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,014.35
Year-over-Year Change
-96.41%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures industrial carbon dioxide emissions from residual fuel consumption in Virginia. It provides insight into the environmental impact of industrial activity 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 Virginia series tracks the volume of carbon dioxide released into the atmosphere from the combustion of residual fuel oil by industrial facilities located in Virginia. This data is used by policymakers and researchers to assess the environmental footprint of Virginia's industrial sector.
Methodology
The data is collected by the U.S. Energy Information Administration through surveys of energy suppliers and industrial consumers.
Historical Context
This metric is relevant for understanding the environmental and energy policy implications of industrial activity in Virginia.
Key Facts
- Virginia accounts for approximately 2% of total U.S. industrial CO2 emissions.
- Residual fuel oil use has declined by 30% in Virginia since 2005.
- Carbon emissions from Virginia's industrial sector are down 15% from their peak.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions released into the atmosphere from the industrial consumption of residual fuel oil in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the environmental impact of industrial activity in Virginia, which is important for energy and environmental policymaking.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through surveys of energy suppliers and industrial consumers.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and researchers to assess the environmental footprint of Virginia's industrial sector and inform energy and environmental policies.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and may not capture all industrial emissions sources.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Residual Fuel for Virginia (EMISSCO2VRFICBVAA), retrieved from FRED.