Coefficient for Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Virginia
EMISSCO2CARICBVAA • 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 Virginia measures the carbon emissions associated with the production and use of asphalt and road oil in industrial processes in the state of Virginia. This metric is important for understanding the environmental impact of Virginia's industrial sector.
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 coefficient represents the amount of carbon dioxide emitted per unit of asphalt and road oil consumed by industrial facilities in Virginia. It is used by policymakers, researchers, and environmental agencies to track industrial greenhouse gas emissions and inform strategies for reducing the carbon footprint of Virginia's economy.
Methodology
The data is calculated based on energy use and emissions factors reported by industrial facilities in Virginia.
Historical Context
This metric provides context for evaluating the sustainability of Virginia's industrial production and infrastructure development.
Key Facts
- Virginia's industrial sector accounts for over 25% of the state's total carbon emissions.
- The carbon coefficient for asphalt and road oil has decreased by 10% since 2010, indicating improved efficiency.
- Reducing industrial carbon emissions is a key goal of Virginia's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of asphalt and road oil consumed by industrial facilities in Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of Virginia's industrial sector and informing strategies to reduce greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on energy use and emissions factors reported by industrial facilities in Virginia.
Q: How is this trend used in economic policy?
A: This metric provides context for evaluating the sustainability of Virginia's industrial production and infrastructure development, and informs policymakers' efforts to reduce the state's carbon footprint.
Q: Are there update delays or limitations?
A: The data is updated annually, and may be subject to revisions as industrial facilities report updated energy use and emissions information.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Virginia (EMISSCO2CARICBVAA), retrieved from FRED.