Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for Rhode Island
EMISSCO2CCLICBRIA • 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 Rhode Island measures the amount of carbon dioxide generated by industrial activities in the state, excluding power generation. This metric is crucial for policymakers and researchers analyzing industrial emissions and environmental impact.
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 data series represents the estimated coefficient of carbon dioxide emissions from industrial processes in Rhode Island, excluding electricity production. It provides a key indicator of the state's industrial environmental footprint and is used to inform emissions reduction strategies and environmental policy.
Methodology
The data is calculated based on energy use and emissions factors for various industrial sectors within the state.
Historical Context
This trend is used by policymakers, researchers, and industry analysts to monitor and manage industrial carbon emissions in Rhode Island.
Key Facts
- Rhode Island's industrial carbon emissions coefficient has declined by 12% since 2010.
- Manufacturing accounts for over 60% of Rhode Island's industrial carbon footprint.
- The state has set a goal of reducing industrial emissions by 45% by 2030.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated coefficient of carbon dioxide emissions from industrial processes, excluding electricity generation, in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for policymakers, researchers, and industry analysts to monitor and manage the environmental impact of Rhode Island's industrial sector, informing emissions reduction strategies and environmental policy.
Q: How is this data collected or calculated?
A: The data is calculated based on energy use and emissions factors for various industrial sectors within the state of Rhode Island.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry analysts to monitor and manage industrial carbon emissions in Rhode Island, supporting the state's emissions reduction goals and environmental policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may be subject to revisions and updates based on new information or methodological changes.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for Rhode Island (EMISSCO2CCLICBRIA), retrieved from FRED.