Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for Connecticut
EMISSCO2CCLICBCTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.66
Year-over-Year Change
-0.08%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for Connecticut measures the carbon dioxide emissions from industrial processes in the state. This metric is crucial for understanding the environmental impact of Connecticut'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 index tracks the carbon dioxide emissions from industrial activities in Connecticut, excluding emissions from power generation. It provides insight into the state's industrial carbon footprint and is used by policymakers and analysts to inform emissions reduction strategies.
Methodology
The data is collected and calculated by the U.S. Environmental Protection Agency based on industrial activity and energy usage statistics.
Historical Context
This trend is widely referenced by economists, environmentalists, and government agencies in assessing Connecticut's progress toward emissions reduction goals.
Key Facts
- Connecticut aims to reduce greenhouse gas emissions by 45% below 2001 levels by 2030.
- The industrial sector accounts for about 20% of Connecticut's total carbon emissions.
- Improving energy efficiency and transitioning to cleaner technologies can lower industrial CO2 output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions from industrial processes in the state of Connecticut, excluding power generation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the environmental impact of Connecticut's industrial sector, which is essential for informing emissions reduction strategies and evaluating progress toward sustainability goals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Environmental Protection Agency based on industrial activity and energy usage statistics.
Q: How is this trend used in economic policy?
A: This trend is widely referenced by economists, environmentalists, and government agencies in assessing Connecticut's progress toward emissions reduction goals and informing industrial decarbonization policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the EPA, but there may be some delays in reporting due to the time required to collect and process the underlying industrial activity statistics.
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Citation
U.S. Environmental Protection Agency, Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for Connecticut (EMISSCO2CCLICBCTA), retrieved from FRED.