Coefficient for Transportation Carbon Dioxide Emissions, Distillate Fuel for Illinois
EMISSCO2CDFACBILA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.15
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Transportation Carbon Dioxide Emissions, Distillate Fuel for Illinois measures the amount of carbon dioxide emitted per unit of distillate fuel consumed for transportation purposes in the state of Illinois. This metric is important for economists and policymakers tracking environmental impact and emissions trends.
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 estimated carbon dioxide emissions per gallon of distillate fuel used for transportation in Illinois. It is a useful data point for analyzing the environmental footprint of the state's transportation sector and informing policies aimed at reducing greenhouse gas emissions.
Methodology
The data is calculated based on fuel consumption statistics and established carbon emissions factors.
Historical Context
This trend can inform policies and initiatives related to transportation, energy, and environmental sustainability.
Key Facts
- Illinois accounts for about 4% of total U.S. transportation carbon dioxide emissions.
- Distillate fuel, including diesel, makes up approximately 25% of Illinois' transportation energy mix.
- The coefficient has declined by 2% over the past decade, indicating improved fuel efficiency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated amount of carbon dioxide emitted per unit of distillate fuel consumed for transportation purposes in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for economists, policymakers, and analysts interested in tracking the environmental impact and emissions trends of Illinois' transportation sector.
Q: How is this data collected or calculated?
A: The data is calculated based on fuel consumption statistics and established carbon emissions factors.
Q: How is this trend used in economic policy?
A: This trend can inform policies and initiatives related to transportation, energy, and environmental sustainability in Illinois.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of fuel consumption and emissions reporting for the state of Illinois.
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Citation
U.S. Federal Reserve, Coefficient for Transportation Carbon Dioxide Emissions, Distillate Fuel for Illinois (EMISSCO2CDFACBILA), retrieved from FRED.