Electric Power Carbon Dioxide Emissions, All Fuels for Montana
EMISSCO2TOTVECTOMTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.46
Year-over-Year Change
-27.64%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures carbon dioxide emissions from the electric power sector in Montana, including all fuel sources. It is an important indicator for monitoring the state's progress towards emissions reduction goals and understanding 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 Electric Power Carbon Dioxide Emissions, All Fuels for Montana trend tracks the total amount of carbon dioxide released into the atmosphere from the production of electricity in the state. This data is widely used by policymakers, researchers, and energy analysts to assess the environmental footprint of Montana's power sector and support energy policy decisions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
This trend is crucial for evaluating the environmental performance of Montana's electricity system and informing policies aimed at reducing greenhouse gas emissions.
Key Facts
- Montana's electric power sector accounts for over 35% of the state's total greenhouse gas emissions.
- Carbon dioxide emissions from Montana's electric power industry have declined by 15% since 2005.
- Renewable energy sources like wind and solar now make up over 20% of Montana's electricity generation mix.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emitted from the production of electricity in the state of Montana, including all fuel sources used to generate power.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of Montana's electricity sector and informing policies 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 based on reported fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and energy analysts to evaluate the environmental performance of Montana's electricity system and support decision-making on energy and climate policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and it may not capture all sources of emissions from the electric power sector.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, All Fuels for Montana (EMISSCO2TOTVECTOMTA), retrieved from FRED.