Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for Connecticut
EMISSCO2CKSICBCTA • 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 Industrial Carbon Dioxide Emissions, Kerosene for Connecticut tracks the carbon dioxide emissions associated with industrial kerosene use in the state. This metric is crucial for understanding the environmental impact of industrial activity and informing policymakers on emissions reduction strategies.
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 trend represents the coefficient used to calculate the amount of carbon dioxide emitted per unit of industrial kerosene consumed in Connecticut. It is an important indicator for monitoring the greenhouse gas emissions of industrial processes and guiding efforts to improve energy efficiency and lower the carbon footprint of the state's industry.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on industry surveys and emissions modeling.
Historical Context
This trend is used by policymakers, industry leaders, and environmental organizations to assess the climate impact of Connecticut's industrial sector and develop targeted policies and initiatives to reduce emissions.
Key Facts
- Connecticut is a major industrial hub in the northeastern U.S.
- Kerosene is a common fuel used in industrial processes like manufacturing and power generation.
- Reducing industrial carbon emissions is a key priority for Connecticut's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient used to calculate the amount of carbon dioxide emitted per unit of industrial kerosene consumed in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of Connecticut's industrial sector and informing policymakers on emissions reduction strategies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on industry surveys and emissions modeling.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, industry leaders, and environmental organizations to assess the climate impact of Connecticut's industrial sector and develop targeted policies and initiatives to reduce emissions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, but there may be some delays in reporting due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for Connecticut (EMISSCO2CKSICBCTA), retrieved from FRED.