Coefficient for Industrial Carbon Dioxide Emissions, Motor Gasoline for Virginia
EMISSCO2CMGICBVAA • 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 Industrial Carbon Dioxide Emissions, Motor Gasoline for Virginia measures the carbon intensity of motor gasoline consumption in the state. This metric is important for tracking environmental impacts and informing energy and climate policy.
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 economic trend represents the amount of carbon dioxide (CO2) emitted per unit of motor gasoline consumed in the industrial sector in Virginia. It is used to quantify the environmental impact of transportation fuels and monitor progress towards emissions reduction goals.
Methodology
The data is calculated by the U.S. Energy Information Administration based on fuel consumption and emissions factors.
Historical Context
This trend is relevant for policymakers, energy analysts, and researchers studying the environmental effects of transportation and energy use.
Key Facts
- Virginia's coefficient for industrial CO2 emissions from motor gasoline was 0.00875 in 2021.
- The coefficient has decreased by 13% since 2005, indicating reduced carbon intensity.
- This metric is used to track progress towards state and national emissions reduction goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide (CO2) emitted per unit of motor gasoline consumed in the industrial sector in Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for quantifying the environmental impact of transportation fuels and monitoring progress towards emissions reduction goals.
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 trend is relevant for policymakers, energy analysts, and researchers studying the environmental effects of transportation and energy use.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, though there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Motor Gasoline for Virginia (EMISSCO2CMGICBVAA), retrieved from FRED.