Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for North Carolina
EMISSCO2CCLICBNCA • 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 North Carolina measures the amount of carbon dioxide released from industrial activities in the state. This data is important for economists and policymakers to understand the environmental impact of industrial production.
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 estimated carbon dioxide emissions from various industrial processes in North Carolina, excluding power generation. It is used to track the state's progress in reducing greenhouse gas emissions and inform policies aimed at promoting sustainable industrial practices.
Methodology
The data is calculated based on energy consumption and industrial output figures collected by government agencies.
Historical Context
This trend is relevant for assessing the environmental impact of North Carolina's industrial sector and informing policies to meet emissions reduction targets.
Key Facts
- North Carolina's industrial sector accounts for around 25% of the state's total carbon dioxide emissions.
- Emissions from the industrial sector have declined by 10% over the past decade in North Carolina.
- The state has set a goal of reducing greenhouse gas emissions by 40% below 2005 levels by 2025.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide released from various industrial processes in North Carolina, excluding power generation.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the environmental impact of North Carolina's industrial sector and informing policies to promote sustainable industrial practices and reduce greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption and industrial output figures collected by government agencies.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess the state's progress in reducing industrial carbon dioxide emissions and to inform policies aimed at meeting emissions reduction targets.
Q: Are there update delays or limitations?
A: The data may be subject to a few months' delay in reporting, and it may not capture all industrial processes or sources of emissions in the state.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for North Carolina (EMISSCO2CCLICBNCA), retrieved from FRED.