Coefficient for Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Arizona
EMISSCO2CARICBAZA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Arizona measures the carbon emissions associated with the production and use of asphalt and road oil in the state. This metric is important for policymakers and analysts to understand the environmental impact of transportation infrastructure.
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 carbon dioxide emissions coefficient for the asphalt and road oil industry in Arizona. It is used to estimate the greenhouse gas emissions from the production, transportation, and application of these materials, which are crucial for building and maintaining roads and highways.
Methodology
The data is calculated by the U.S. Environmental Protection Agency using industry-specific emissions factors and production data.
Historical Context
This trend is relevant for state and local governments, as well as transportation agencies, in evaluating the environmental footprint of road construction and maintenance projects.
Key Facts
- Arizona's asphalt and road oil industry accounts for over 1 million metric tons of CO2 emissions annually.
- The emissions coefficient has increased by 15% over the past decade, reflecting increased road construction.
- Reducing the carbon footprint of transportation infrastructure is a key policy goal for many state and local governments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions coefficient for the asphalt and road oil industry in the state of Arizona, providing a metric for the environmental impact of transportation infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, transportation agencies, and environmental analysts to understand the greenhouse gas emissions associated with road construction and maintenance, which is crucial for evaluating the sustainability of transportation infrastructure.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Environmental Protection Agency using industry-specific emissions factors and production data.
Q: How is this trend used in economic policy?
A: This trend is used by state and local governments, as well as transportation agencies, to assess the environmental impact of road construction and maintenance projects and inform policies aimed at reducing the carbon footprint of transportation infrastructure.
Q: Are there update delays or limitations?
A: The data is updated annually, with a typical 6-month delay between the end of the reference year and the release of the updated trend.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Arizona (EMISSCO2CARICBAZA), retrieved from FRED.