Petroleum Electric Power Sector Carbon Dioxide Emissions
This dataset tracks petroleum electric power sector carbon dioxide emissions over time.
Latest Value
20.52
Year-over-Year Change
-34.70%
Date Range
1/1/1973 - 1/1/2022
Summary
This economic trend measures carbon dioxide (CO2) emissions from the petroleum electric power sector in the United States. It is an important indicator for monitoring the environmental impact of electricity generation.
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 Petroleum Electric Power Sector Carbon Dioxide Emissions indicator tracks the amount of CO2 released into the atmosphere from the production of electricity using petroleum-based fuels. This metric is used by policymakers, researchers, and industry analysts to assess the carbon footprint of the power sector and inform strategies for reducing greenhouse gas emissions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on fuel consumption and carbon content.
Historical Context
This trend is relevant for evaluating the environmental sustainability of the U.S. electricity system and supporting policy decisions related to energy and climate change.
Key Facts
- Petroleum is a major fuel source for electricity generation in the U.S.
- CO2 emissions from the petroleum power sector have declined since the 1970s.
- Reducing these emissions is a key policy objective for mitigating climate change.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide (CO2) emitted from the production of electricity using petroleum-based fuels in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for evaluating the environmental impact of the U.S. power sector and informing strategies to reduce greenhouse gas emissions and mitigate climate change.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on fuel consumption and carbon content.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry analysts to assess the carbon footprint of the power sector and support decisions related to energy and environmental policy.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, and the indicator does not capture emissions from all sources within the power sector.
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Citation
U.S. Federal Reserve, Petroleum Electric Power Sector Carbon Dioxide Emissions (EMISSCO2TOTVECPEA), retrieved from FRED.