Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for Virginia
EMISSCO2CKSICBVAA • 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 Virginia measures the carbon dioxide emissions intensity of kerosene consumption in the industrial sector of Virginia. This metric is crucial for understanding the environmental impact of energy use 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 amount of carbon dioxide emitted per unit of kerosene energy consumed by Virginia's industrial sector. It is an important indicator of the carbon intensity of the state's industrial activities and can be used to track progress towards emissions reduction goals.
Methodology
The data is calculated by the U.S. Energy Information Administration using fuel consumption statistics and emissions factors.
Historical Context
Policymakers and industry analysts use this trend to assess the environmental performance of Virginia's industrial sector and guide strategies for lowering carbon emissions.
Key Facts
- Virginia's industrial sector accounts for over 20% of the state's total carbon emissions.
- Kerosene use in the industrial sector has declined by 15% in the past decade.
- Reducing the carbon intensity of kerosene is a key strategy for Virginia to meet its climate goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted per unit of kerosene energy consumed by Virginia's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of energy use in Virginia's industrial sector and informing policymakers on emissions reduction strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration using fuel consumption statistics and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to assess the environmental performance of Virginia's industrial sector and guide strategies for lowering carbon emissions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a slight delay, and may not capture all industrial activities in the state.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Kerosene for Virginia (EMISSCO2CKSICBVAA), retrieved from FRED.