Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Wisconsin
EMISSCO2CNGICBWIA • 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 Wisconsin measures the carbon dioxide emissions associated with industrial natural gas consumption in the state.
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 estimated amount of carbon dioxide released per unit of natural gas used in industrial processes within Wisconsin. It is an important indicator for understanding the environmental impact of industrial activity and informing energy and emissions policies.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported natural gas usage and emissions factors.
Historical Context
Policymakers and industry analysts use this metric to track progress towards emissions reduction goals and evaluate the carbon footprint of Wisconsin's industrial sector.
Key Facts
- Wisconsin's industrial sector accounts for over 25% of the state's total carbon emissions.
- The coefficient has decreased by 10% over the past decade as natural gas use has become more efficient.
- Industrial natural gas consumption is the second-largest source of carbon emissions in Wisconsin after the transportation sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated amount of carbon dioxide released per unit of natural gas consumed by industrial facilities in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of industrial activity and informing policies aimed at reducing greenhouse gas emissions in Wisconsin.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported natural gas usage and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to track progress towards emissions reduction goals and evaluate the carbon footprint of Wisconsin's industrial sector.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, but may be subject to revisions and lags in data reporting from industrial facilities.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Wisconsin (EMISSCO2CNGICBWIA), retrieved from FRED.