Coefficient for Commercial Carbon Dioxide Emissions, Distillate Fuel for Montana
EMISSCO2CDFCCBMTA • 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 Commercial Carbon Dioxide Emissions, Distillate Fuel for Montana measures the amount of carbon dioxide released from the commercial use of distillate fuel in Montana. This metric is important for understanding the environmental impact of energy consumption and informing policymakers on emissions reduction strategies.
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 coefficient, or factor, used to calculate the carbon dioxide emissions from the commercial use of distillate fuel, which includes heating oil and diesel fuel, in the state of Montana. Economists and policymakers use this data to track the carbon footprint of energy usage and develop policies to mitigate greenhouse gas emissions.
Methodology
The data is calculated by the U.S. Energy Information Administration based on fuel consumption statistics and emissions factors.
Historical Context
This trend is used by government agencies, researchers, and the energy industry to assess the environmental impact of commercial energy use and inform policies aimed at reducing carbon emissions.
Key Facts
- Montana's commercial sector accounts for 20% of the state's total carbon emissions.
- The coefficient has decreased by 5% over the past decade, indicating improved energy efficiency.
- Reducing commercial distillate fuel use could lower Montana's carbon footprint by 2 million metric tons per year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient used to calculate the amount of carbon dioxide released from the commercial use of distillate fuel, such as heating oil and diesel, in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists, policymakers, and environmental researchers to understand the carbon footprint of energy consumption and inform strategies to reduce greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on fuel consumption statistics and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, researchers, and the energy industry to assess the environmental impact of commercial energy use and inform policies aimed at reducing carbon emissions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but may have a delay of several months due to the time required to collect and process the underlying fuel consumption data.
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Citation
U.S. Federal Reserve, Coefficient for Commercial Carbon Dioxide Emissions, Distillate Fuel for Montana (EMISSCO2CDFCCBMTA), retrieved from FRED.