Coefficient for Industrial Carbon Dioxide Emissions, Residual Fuel for Massachusetts
EMISSCO2CRFICBMAA • 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 Industrial Carbon Dioxide Emissions, Residual Fuel for Massachusetts measures the carbon dioxide emissions generated by industrial use of residual fuel oil in the state. This trend is important for economists and policymakers analyzing the environmental impact of energy 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 data series represents the carbon dioxide emissions coefficient, which quantifies the amount of carbon dioxide released per unit of residual fuel oil consumed by industrial facilities in Massachusetts. It is a key metric for understanding the environmental footprint of industrial energy use in the state.
Methodology
The data is calculated by the U.S. Energy Information Administration based on standard emissions factors and industrial fuel consumption statistics.
Historical Context
This trend is used by analysts and policymakers to assess the environmental sustainability of industrial activities and inform energy and climate policies.
Key Facts
- Massachusetts is a major industrial hub in the Northeast.
- Residual fuel oil is a common industrial fuel source.
- Reducing industrial emissions is a key climate policy goal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions coefficient for industrial use of residual fuel oil in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the environmental impact of industrial energy consumption and informing energy and climate policies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration using standard emissions factors and industrial fuel consumption statistics.
Q: How is this trend used in economic policy?
A: This trend is used by analysts and policymakers to assess the environmental sustainability of industrial activities and inform energy and climate policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration with limited delays.
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Citation
U.S. Federal Reserve, Coefficient for Industrial Carbon Dioxide Emissions, Residual Fuel for Massachusetts (EMISSCO2CRFICBMAA), retrieved from FRED.