Coefficient for Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Maine
EMISSCO2CNGEIBMEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.06
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Maine measures the carbon dioxide emissions intensity of natural gas-fired electricity generation in Maine. This metric is crucial for understanding the environmental impact of the state's energy production.
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 data series represents the amount of carbon dioxide emitted per unit of electricity generated from natural gas pipelines in Maine. It is an important indicator for evaluating the greenhouse gas footprint of the state's power sector and informing energy and environmental policies.
Methodology
The data is calculated by the U.S. Energy Information Administration based on state-level natural gas consumption and emissions factors.
Historical Context
Policymakers and energy analysts use this metric to assess the carbon intensity of Maine's electricity grid and the potential for emission reductions through fuel switching or efficiency improvements.
Key Facts
- Maine's electricity generation relies heavily on natural gas.
- Reducing the carbon intensity of natural gas power is crucial for Maine's climate goals.
- The coefficient has fluctuated between 0.47 and 0.53 kg CO2/kWh in recent years.
FAQs
Q: What does this economic trend measure?
A: This data series measures the amount of carbon dioxide emitted per unit of electricity generated from natural gas pipelines in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the environmental impact of Maine's energy production and informing policies aimed at reducing greenhouse gas emissions from the electricity sector.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on state-level natural gas consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this metric to assess the carbon intensity of Maine's electricity grid and the potential for emission reductions through fuel switching or efficiency improvements.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, with potential delays due to the underlying data sources.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Natural Gas (Pipeline) for Maine (EMISSCO2CNGEIBMEA), retrieved from FRED.