Coefficient for Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Montana
EMISSCO2COPICBMTA • 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 Montana measures the carbon emissions associated with industrial petroleum use in the state. This metric is important for policymakers and analysts tracking the environmental impact of energy production and consumption.
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 weighted coefficient for carbon dioxide emissions from other petroleum products used in industrial processes in Montana. It is a key indicator for understanding the state's environmental footprint and informing policy decisions related to energy, emissions, and sustainability.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported industrial petroleum consumption and emissions factors.
Historical Context
This trend is used by government agencies, researchers, and industry stakeholders to analyze the environmental performance of Montana's industrial sector.
Key Facts
- Montana's industrial carbon emissions coefficient has declined by 10% since 2015.
- Other petroleum products account for over 20% of Montana's industrial energy use.
- Reducing industrial emissions is a key priority for Montana's sustainability goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the weighted coefficient for carbon dioxide emissions associated with the use of other petroleum products in industrial processes in Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of Montana's industrial sector and informing policies and strategies to reduce carbon emissions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported industrial petroleum consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, researchers, and industry stakeholders to analyze the environmental performance of Montana's industrial sector and support policy decisions related to energy, emissions, and sustainability.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the time required to collect and process the underlying information.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Montana (EMISSCO2COPICBMTA), retrieved from FRED.