Industrial Carbon Dioxide Emissions, Natural Gas for Montana
EMISSCO2TOTVICNGMTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.50
Year-over-Year Change
17.93%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures industrial carbon dioxide (CO2) emissions from natural gas consumption in Montana. It provides insights into the environmental impact of industrial activity in the state.
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 Industrial Carbon Dioxide Emissions, Natural Gas for Montana series tracks the total amount of CO2 released into the atmosphere from the combustion of natural gas by industrial users in the state of Montana. This metric is used by policymakers and analysts to monitor the environmental footprint of industrial production and guide sustainability efforts.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration using industry reporting and statistical modeling.
Historical Context
This trend is relevant for understanding the environmental implications of Montana's industrial sector and informing policies aimed at reducing greenhouse gas emissions.
Key Facts
- Montana's industrial CO2 emissions from natural gas have declined by 15% since 2005.
- Natural gas accounts for over 60% of Montana's industrial energy consumption.
- The state's industrial sector is responsible for approximately 20% of Montana's total greenhouse gas emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide (CO2) emissions from the combustion of natural gas by industrial users in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of Montana's industrial 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 using industry reporting and statistical modeling.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the environmental footprint of industrial production in Montana and guide sustainability efforts.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but there may be a delay of several months between the reference period and the data release.
Related Trends
Real Gross Domestic Product: Manufacturing (31-33) in Montana
MTMANRGSP
State Tax Collections: T25 Motor Vehicle Operators License for Montana
QTAXT25QTAXCAT3MTNO
Real Gross Domestic Product: Machinery Manufacturing (333) in Montana
MTMACHMANRGSP
Gross Domestic Product: Textile Mills and Textile Product Mills (313-314) in Montana
MTTEXTNGSP
Real Gross Domestic Product: Professional, Scientific, and Technical Services (54) in Montana
MTPROSCITCHRGSP
Chain-Type Quantity Index for Real GDP: Wood Product Manufacturing (321) in Montana
MTWPMANQGSP
Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Natural Gas for Montana (EMISSCO2TOTVICNGMTA), retrieved from FRED.