Coefficient for Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Louisiana
EMISSCO2COPICBLAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.84
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Louisiana measures the carbon intensity of industrial activities in Louisiana that rely on petroleum products other than motor gasoline.
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 indicator provides insights into the environmental impact of Louisiana's industrial sector, which is crucial for policymakers and researchers analyzing the state's emissions profile and potential climate change mitigation strategies.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported industrial fuel consumption and emissions factors.
Historical Context
Trends in this coefficient can inform energy and environmental policies at the state and national level.
Key Facts
- Louisiana is a major energy-producing state, accounting for 13% of U.S. crude oil production.
- The industrial sector contributes over 50% of Louisiana's total greenhouse gas emissions.
- This coefficient can help identify opportunities for emissions reductions in Louisiana's industrial activities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon intensity of industrial activities in Louisiana that rely on petroleum products other than motor gasoline.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the environmental impact of Louisiana's industrial sector, which is crucial for policymakers and researchers analyzing the state's emissions profile and potential climate change mitigation strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported industrial fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Trends in this coefficient can inform energy and environmental policies at the state and national level, as it helps identify opportunities for emissions reductions in Louisiana's industrial activities.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of industrial fuel consumption reporting and any changes in emissions factor calculations.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Louisiana (EMISSCO2COPICBLAA), retrieved from FRED.