Coefficient for Electric Power Carbon Dioxide Emissions, Distillate Fuel for Hawaii
EMISSCO2CDKEIBHIA • 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 Electric Power Carbon Dioxide Emissions, Distillate Fuel for Hawaii tracks the rate of carbon dioxide emissions from the production of electricity using distillate fuel oil in Hawaii. This metric is critical for monitoring the environmental impact of Hawaii's power generation.
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 amount of carbon dioxide (CO2) emitted per unit of electricity generated from distillate fuel oil in Hawaii. It is an important indicator for policymakers and energy analysts to assess the environmental footprint of Hawaii's power sector and track progress towards emissions reduction goals.
Methodology
The data is calculated based on energy consumption and emissions factors reported by the U.S. Energy Information Administration.
Historical Context
This metric is closely watched by energy and environmental regulators to inform policies and investments aimed at transitioning Hawaii's power grid towards cleaner, renewable energy sources.
Key Facts
- Hawaii relies on imported fossil fuels for over 70% of its electricity generation.
- The state has a goal of achieving 100% renewable electricity by 2045.
- Reducing emissions from the power sector is critical for Hawaii's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the rate of carbon dioxide emissions per unit of electricity generated from distillate fuel oil in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for tracking the environmental impact of Hawaii's power sector and informing policies to transition the state towards cleaner, renewable energy sources.
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 metric is closely monitored by energy and environmental regulators to develop policies and investments aimed at reducing emissions from Hawaii's power grid.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not fully capture the latest trends in Hawaii's rapidly evolving energy landscape.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Distillate Fuel for Hawaii (EMISSCO2CDKEIBHIA), retrieved from FRED.