Electric Power Carbon Dioxide Emissions, Petroleum for Louisiana
EMISSCO2TOTVECPELAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
156.67%
Date Range
1/1/1970 - 1/1/2021
Summary
This economic trend measures carbon dioxide emissions from the use of petroleum for electric power generation in Louisiana. It is a key indicator for policymakers and researchers assessing the environmental impact of the state's energy production and 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
The Electric Power Carbon Dioxide Emissions, Petroleum for Louisiana series tracks the amount of carbon dioxide released into the atmosphere from the combustion of petroleum-based fuels used to generate electricity in the state. This data is crucial for understanding Louisiana's energy and environmental profile and informing policy decisions.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported petroleum consumption and emissions factors.
Historical Context
This trend is used by economists, energy analysts, and policymakers to evaluate the environmental sustainability of Louisiana's power generation mix and inform strategies for reducing greenhouse gas emissions.
Key Facts
- Louisiana is a major producer and consumer of petroleum-based electricity.
- Reducing carbon emissions from power generation is a key policy goal.
- Monitoring state-level energy data informs regional energy and climate strategies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions from the use of petroleum to generate electricity in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding Louisiana's energy and environmental profile and informing policy decisions aimed at reducing greenhouse gas emissions from the power sector.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported petroleum consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by economists, energy analysts, and policymakers to evaluate the environmental sustainability of Louisiana's power generation mix and inform strategies for reducing greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but there may be some delay in reporting and potential limitations in the underlying data sources.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, Petroleum for Louisiana (EMISSCO2TOTVECPELAA), retrieved from FRED.