Industrial Carbon Dioxide Emissions, Natural Gas for Utah
EMISSCO2TOTVICNGUTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
12.89%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures industrial carbon dioxide emissions from natural gas consumption in the state of Utah. It provides important insights into greenhouse gas emissions and energy usage patterns in the industrial 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 Industrial Carbon Dioxide Emissions, Natural Gas for Utah series tracks the volume of carbon dioxide released into the atmosphere due to the combustion of natural gas by industrial facilities located in Utah. This metric is crucial for understanding the environmental impact of industrial activity and informing energy and climate policies.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on natural gas consumption figures and emissions factors.
Historical Context
Policymakers and industry analysts use this trend to monitor progress toward emissions reduction goals and assess the sustainability of industrial natural gas usage.
Key Facts
- Utah's industrial sector accounts for over 25% of the state's total carbon dioxide emissions.
- Natural gas is the primary fuel source for Utah's industrial facilities, comprising over 60% of energy consumption.
- Emissions from industrial natural gas use in Utah have declined by 7% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions released into the atmosphere due to the combustion of natural gas by industrial facilities located in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the environmental impact of industrial activity in Utah and informing energy and climate 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 natural gas consumption figures and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to monitor progress toward emissions reduction goals and assess the sustainability of industrial natural gas usage in Utah.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and may not capture all industrial facilities in Utah.
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Citation
U.S. Energy Information Administration, Industrial Carbon Dioxide Emissions, Natural Gas for Utah (EMISSCO2TOTVICNGUTA), retrieved from FRED.