Coefficient for Commercial Carbon Dioxide Emissions, Motor Gasoline for Rhode Island

EMISSCO2CMGCCBRIA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

71.26

Year-over-Year Change

-0.10%

Date Range

1/1/1980 - 1/1/2018

Summary

The Coefficient for Commercial Carbon Dioxide Emissions, Motor Gasoline for Rhode Island measures the amount of carbon dioxide released per unit of motor gasoline consumed in the commercial sector of Rhode Island. This data point is crucial for understanding the environmental impact of transportation-related energy use.

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 carbon intensity of motor gasoline consumption by commercial entities in Rhode Island. It is used by policymakers, researchers, and industry analysts to assess the environmental footprint of commercial transportation and inform strategies to reduce greenhouse gas emissions.

Methodology

The data is calculated by the U.S. Energy Information Administration based on fuel consumption and emissions factors.

Historical Context

This metric helps guide policy decisions related to commercial transportation, energy efficiency, and emissions reduction initiatives.

Key Facts

  • Rhode Island is the smallest state by area in the U.S.
  • Transportation accounts for over 40% of Rhode Island's greenhouse gas emissions.
  • The coefficient has declined by 7% over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the amount of carbon dioxide released per unit of motor gasoline consumed in the commercial sector of Rhode Island.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for understanding the environmental impact of commercial transportation in Rhode Island and informing 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 fuel consumption and emissions factors.

Q: How is this trend used in economic policy?

A: This metric helps guide policy decisions related to commercial transportation, energy efficiency, and emissions reduction initiatives in Rhode Island.

Q: Are there update delays or limitations?

A: The data is updated regularly by the U.S. Energy Information Administration, but there may be some delay in reporting.

Related Trends

Citation

U.S. Federal Reserve, Coefficient for Commercial Carbon Dioxide Emissions, Motor Gasoline for Rhode Island (EMISSCO2CMGCCBRIA), retrieved from FRED.