Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Illinois
EMISSCO2CNGICBILA • 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 Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Illinois measures the carbon dioxide emissions intensity of natural gas consumption in Illinois's industrial sector. This trend is valuable for understanding the environmental impact of energy use and informing emissions reduction policies.
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 series represents the amount of carbon dioxide emitted per unit of natural gas consumed by the industrial sector in Illinois. It is an important metric for tracking the greenhouse gas emissions associated with industrial activities and can help guide strategies to improve energy efficiency and mitigate climate change.
Methodology
The data is calculated based on state-level natural gas consumption and emissions factors.
Historical Context
Policymakers and energy analysts use this trend to assess the environmental footprint of industrial energy use and inform policies aimed at reducing carbon emissions.
Key Facts
- Illinois is a major industrial state in the U.S.
- Natural gas is a significant energy source for Illinois industry.
- Reducing industrial carbon emissions is a key climate policy goal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions intensity of natural gas consumption in the industrial sector of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the environmental impact of industrial energy use and informing policies to reduce greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated 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 trend to assess the carbon footprint of industrial activities and develop strategies to improve energy efficiency and mitigate climate change.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the compiling agency.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Illinois (EMISSCO2CNGICBILA), retrieved from FRED.