Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Indiana
EMISSCO2CRFACBINA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.80
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Indiana measures the carbon dioxide emissions associated with the use of residual fuel oil for transportation in the state of Indiana. This metric is important for understanding the environmental impact of fuel consumption and guiding energy policy.
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 coefficient, or emissions factor, used to calculate carbon dioxide emissions from the consumption of residual fuel oil for transportation purposes in Indiana. Residual fuel oil is a heavy, low-grade fuel used primarily in industrial and marine applications.
Methodology
The data is calculated based on standard emissions factors published by the U.S. Environmental Protection Agency.
Historical Context
Tracking this emissions coefficient helps policymakers and analysts assess the environmental footprint of Indiana's transportation sector and support strategies for reducing greenhouse gas emissions.
Key Facts
- The coefficient is expressed in kilograms of CO2 per gallon of residual fuel consumed.
- Indiana's transportation sector accounts for a significant portion of the state's total greenhouse gas emissions.
- Reducing residual fuel use can lower carbon emissions and support sustainability goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient, or emissions factor, used to calculate carbon dioxide (CO2) emissions from the consumption of residual fuel oil for transportation purposes in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: Tracking this emissions coefficient helps policymakers and analysts assess the environmental impact of Indiana's transportation sector and support strategies for reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on standard emissions factors published by the U.S. Environmental Protection Agency.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to understand the environmental footprint of Indiana's transportation sector and develop policies and strategies to reduce carbon emissions.
Q: Are there update delays or limitations?
A: The data is published by the U.S. Federal Reserve and may be subject to periodic updates, with potential lags in availability.
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Citation
U.S. Federal Reserve, Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Indiana (EMISSCO2CRFACBINA), retrieved from FRED.