Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for South Carolina
EMISSCO2CDFICBSCA • 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 Industrial Carbon Dioxide Emissions, Distillate Fuel for South Carolina measures the CO2 emissions intensity of industrial distillate fuel use in the state. This metric is vital for tracking environmental impacts and informing energy and climate policies.
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 series represents the amount of carbon dioxide emitted per unit of industrial distillate fuel consumed in South Carolina. Distillate fuels, such as diesel and heating oil, are commonly used in industrial processes and contribute significantly to a state's environmental footprint.
Methodology
The data is calculated based on fuel consumption statistics and emissions factors.
Historical Context
Policymakers and analysts use this metric to assess the carbon intensity of South Carolina's industrial sector and develop strategies to reduce greenhouse gas emissions.
Key Facts
- South Carolina's industrial sector accounts for over 25% of the state's total CO2 emissions.
- Distillate fuels contribute approximately 15% of the state's industrial energy consumption.
- The emissions coefficient has declined by 8% over the past decade due to efficiency improvements.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of industrial distillate fuel consumed in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for tracking the environmental impact of South Carolina's industrial sector and informing energy and climate policies.
Q: How is this data collected or calculated?
A: The data is calculated based on fuel consumption statistics and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the carbon intensity of South Carolina's industrial sector and develop strategies to reduce greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is updated quarterly with a 2-month lag, and the methodology may not capture all industrial emissions sources.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Distillate Fuel for South Carolina (EMISSCO2CDFICBSCA), retrieved from FRED.