Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Rhode Island
EMISSCO2CRFACBRIA • 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 Rhode Island measures the amount of carbon dioxide emissions from the transportation sector's use of residual fuel oil in Rhode Island. This metric is crucial for understanding the environmental impact and energy efficiency of Rhode Island's transportation system.
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 trend represents the coefficient or factor that quantifies the carbon dioxide emissions generated from the consumption of residual fuel oil by the transportation sector in Rhode Island. It provides insight into the state's overall environmental footprint and energy profile related to transportation activities.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
Policymakers and analysts use this metric to evaluate the environmental sustainability of Rhode Island's transportation policies and infrastructure.
Key Facts
- Rhode Island's transportation sector accounts for a significant portion of the state's total carbon emissions.
- Residual fuel oil is a heavy, high-carbon fuel used in some transportation applications.
- Reducing transportation emissions is a key priority for many state-level environmental and energy policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient or factor that quantifies the amount of carbon dioxide emissions generated from the transportation sector's use of residual fuel oil in Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into the environmental impact and energy efficiency of Rhode Island's transportation system, which is valuable for policymakers and analysts evaluating the state's sustainability efforts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the environmental sustainability of Rhode Island's transportation policies and infrastructure, informing decisions related to energy, emissions, and transportation planning.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and updates, as the information is dependent on fuel consumption and emissions data from various sources.
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Citation
U.S. Federal Reserve, Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Rhode Island (EMISSCO2CRFACBRIA), retrieved from FRED.