Electric Power Carbon Dioxide Emissions, All Fuels for Maine
EMISSCO2TOTVECTOMEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.26
Year-over-Year Change
-46.56%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from electric power generation in Maine, an important indicator of the state's environmental impact and energy mix.
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, All Fuels for Maine metric tracks the total amount of carbon dioxide released through the combustion of fossil fuels to generate electricity within the state. This data point is used by policymakers, analysts, and the public to understand Maine's progress towards emissions reduction goals.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
This trend is relevant for evaluating Maine's environmental and energy policies.
Key Facts
- Maine aims to achieve net-zero greenhouse gas emissions by 2045.
- Electricity generation accounts for over 25% of Maine's total carbon emissions.
- Renewable energy sources like hydropower and wind make up over 75% of Maine's electricity mix.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide emissions from electric power generation in the state of Maine, using data on fossil fuel combustion for electricity production.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for evaluating Maine's progress towards emissions reduction goals and transitioning to cleaner energy sources.
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: This trend is used by policymakers, analysts, and the public to understand Maine's environmental impact and the composition of its energy mix.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but may be subject to revisions or lags in reporting.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, All Fuels for Maine (EMISSCO2TOTVECTOMEA), retrieved from FRED.