Electric Power Carbon Dioxide Emissions, Natural Gas for Rhode Island
EMISSCO2TOTVECNGRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.37
Year-over-Year Change
12.19%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from natural gas consumption for electric power generation in Rhode Island. It is an important indicator for tracking the environmental impact of the state's energy 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 Rhode Island series represents the total amount of carbon dioxide (CO2) emissions from natural gas used to generate electricity in the state. This data is used by policymakers, energy analysts, and researchers to understand the greenhouse gas footprint of Rhode Island's power sector.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on state-level natural gas consumption figures and established emissions factors.
Historical Context
This trend provides insight into Rhode Island's progress toward clean energy and emissions reduction goals.
Key Facts
- Rhode Island's emissions from natural gas power generation were 2.4 million metric tons in 2021.
- Natural gas accounts for over 90% of Rhode Island's electric power generation.
- Emissions from natural gas power have decreased by 15% in Rhode Island since 2005.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide (CO2) emissions from natural gas used to generate electricity in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the environmental impact of Rhode Island's power sector and tracking progress toward emissions reduction goals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on state-level natural gas consumption figures and established emissions factors.
Q: How is this trend used in economic policy?
A: This trend provides key information for policymakers, energy analysts, and researchers evaluating Rhode Island's energy mix and emissions profile.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture the most recent changes in Rhode Island's power generation and emissions.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, Natural Gas for Rhode Island (EMISSCO2TOTVECNGRIA), retrieved from FRED.