Electric Power Carbon Dioxide Emissions, Petroleum for Hawaii
EMISSCO2TOTVECPEHIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.57
Year-over-Year Change
-24.06%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from petroleum-based electric power generation in Hawaii. It is an important indicator for monitoring the environmental impact of the state's energy sector.
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, Petroleum for Hawaii series tracks the volume of carbon dioxide released into the atmosphere from the combustion of petroleum fuels used to generate electricity in Hawaii. This metric is crucial for assessing the environmental footprint of the state's power grid and informing energy policy decisions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
Policymakers and energy analysts use this trend to evaluate Hawaii's progress toward renewable energy and emissions reduction goals.
Key Facts
- Hawaii is highly dependent on petroleum for electricity generation.
- Reducing carbon emissions from the power sector is a key climate priority for the state.
- Tracking this trend helps monitor progress toward Hawaii's clean energy targets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions from petroleum-based electricity generation in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing the environmental impact of Hawaii's power grid and informing energy policy decisions aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this trend to evaluate Hawaii's progress toward renewable energy and emissions reduction goals.
Q: Are there update delays or limitations?
A: The data is published with a delay, and may not capture all sources of petroleum-based electricity generation in Hawaii.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, Petroleum for Hawaii (EMISSCO2TOTVECPEHIA), retrieved from FRED.