Electric Power Carbon Dioxide Emissions, Natural Gas for Alabama
EMISSCO2TOTVECNGALA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.29
Year-over-Year Change
72.43%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from natural gas consumption for electric power generation in Alabama. It is an important indicator for monitoring the environmental impact of electricity production.
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
The Electric Power Carbon Dioxide Emissions, Natural Gas for Alabama trend represents the total amount of carbon dioxide emitted from natural gas used to generate electricity in the state of Alabama. This data is used by economists, policymakers, and environmental analysts to assess the environmental footprint of the power sector.
Methodology
The data is calculated based on reported natural gas consumption for electric power and standard emissions factors.
Historical Context
This trend is relevant for informing energy and environmental policies aimed at reducing greenhouse gas emissions from the electricity industry.
Key Facts
- Alabama is one of the top 10 electricity-generating states in the U.S.
- Natural gas accounts for over 25% of Alabama's electricity generation mix.
- CO2 emissions from natural gas power plants have declined in Alabama over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide emissions from natural gas consumption for electric power generation in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the environmental impact of electricity production and informing policies aimed at reducing greenhouse gas emissions from the power sector.
Q: How is this data collected or calculated?
A: The data is calculated based on reported natural gas consumption for electric power generation and standard emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and environmental analysts to assess the carbon footprint of the electricity industry and inform policies targeting emissions reductions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, and the emissions factors used in the calculations may not fully capture all sources of carbon dioxide.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, Natural Gas for Alabama (EMISSCO2TOTVECNGALA), retrieved from FRED.