Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for Rhode Island
EMISSCO2CDFRCBRIA • 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 Residential Carbon Dioxide Emissions, Distillate Fuel for Rhode Island measures the carbon dioxide emissions associated with the use of distillate fuel in the residential sector of Rhode Island. This metric is important for understanding the environmental impact of household energy consumption.
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 indicator represents the amount of carbon dioxide emitted per unit of distillate fuel consumed in Rhode Island's residential sector. Policymakers and analysts use this data to assess the environmental footprint of home energy use and develop strategies to reduce greenhouse gas emissions.
Methodology
The data is calculated based on energy consumption and emissions factors reported by the U.S. Energy Information Administration.
Historical Context
This trend is used to inform residential energy and environmental policies in Rhode Island.
Key Facts
- Rhode Island's residential sector accounts for a significant portion of the state's total energy use.
- Reducing residential emissions is a key component of Rhode Island's climate action plan.
- Distillate fuel, such as heating oil, is a major contributor to residential carbon dioxide emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of distillate fuel consumed in the residential sector of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of household energy use and informing policies to reduce greenhouse gas emissions in the residential sector.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption and emissions factors reported by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used to inform residential energy and environmental policies in Rhode Island, such as the state's climate action plan.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodological changes of the U.S. Energy Information Administration.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Distillate Fuel for Rhode Island (EMISSCO2CDFRCBRIA), retrieved from FRED.