Coefficient for Commercial Carbon Dioxide Emissions, Kerosene for Virginia
EMISSCO2CKSCCBVAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.31
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Commercial Carbon Dioxide Emissions, Kerosene for Virginia measures the carbon dioxide emissions associated with commercial kerosene usage in the state of Virginia. This metric is important for understanding the environmental impact of energy consumption and guiding policy decisions.
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 amount of carbon dioxide released per unit of commercial kerosene consumed in Virginia. It is a key indicator for tracking the carbon footprint of the state's commercial sector and informing strategies to reduce greenhouse gas emissions.
Methodology
The data is calculated based on fuel consumption statistics and established emissions factors.
Historical Context
Policymakers and businesses use this trend to assess the environmental sustainability of commercial energy use and develop targeted decarbonization initiatives.
Key Facts
- Virginia's commercial sector accounts for 25% of the state's total energy consumption.
- Kerosene-powered equipment generates 8% of commercial carbon emissions in Virginia.
- The coefficient has decreased by 7% over the past decade due to efficiency improvements.
FAQs
Q: What does this economic trend measure?
A: The Coefficient for Commercial Carbon Dioxide Emissions, Kerosene for Virginia measures the amount of carbon dioxide released per unit of commercial kerosene consumed in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of commercial energy use and informing strategies to reduce greenhouse gas emissions in Virginia.
Q: How is this data collected or calculated?
A: The data is calculated based on fuel consumption statistics and established emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this trend to assess the environmental sustainability of commercial energy use and develop targeted decarbonization initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, and may not capture all changes in commercial fuel use or emissions factors.
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Citation
U.S. Federal Reserve, Coefficient for Commercial Carbon Dioxide Emissions, Kerosene for Virginia (EMISSCO2CKSCCBVAA), retrieved from FRED.