Coefficient for Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for Rhode Island
EMISSCO2CHLICBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.82
Year-over-Year Change
-0.75%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for Rhode Island measures the amount of carbon dioxide emitted from the use of liquefied petroleum gas (LPG) in industrial processes within the state. This metric is crucial for tracking industrial emissions and informing policymakers on environmental regulations.
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 rate of carbon dioxide emissions per unit of LPG consumed by the industrial sector in Rhode Island. It is an important indicator for monitoring the environmental impact of industrial activities and guiding policies aimed at reducing greenhouse gas emissions.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported LPG consumption and established emissions factors.
Historical Context
Policymakers and environmental analysts use this trend to assess the carbon footprint of Rhode Island's industrial sector and develop strategies to promote energy efficiency and emissions reductions.
Key Facts
- Rhode Island's industrial sector accounts for about 20% of the state's total greenhouse gas emissions.
- LPG is a commonly used fuel in Rhode Island's manufacturing and processing industries.
- Reducing industrial emissions is a key priority for the state's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient of carbon dioxide emissions from the use of liquefied petroleum gas (LPG) in industrial processes within Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for tracking the environmental impact of Rhode Island's industrial sector and informing policymakers on 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 reported LPG consumption and established emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and environmental analysts use this trend to assess the carbon footprint of Rhode Island's industrial sector and develop strategies to promote energy efficiency and emissions reductions.
Q: Are there update delays or limitations?
A: The data is published with a 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, LPG (Fuel Use) for Rhode Island (EMISSCO2CHLICBRIA), retrieved from FRED.