Industrial Carbon Dioxide Emissions, Petroleum for Louisiana
EMISSCO2TOTVICPELAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.84
Year-over-Year Change
-17.01%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures industrial carbon dioxide emissions from petroleum consumption in Louisiana. It is an important indicator of energy usage and environmental impact in the state's 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, Petroleum for Louisiana metric tracks the total amount of carbon dioxide released into the atmosphere from petroleum-based fuel consumption by industrial facilities located in Louisiana. This data point is widely used by policymakers, researchers, and industry analysts to understand energy usage patterns and assess environmental sustainability.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported fuel consumption levels.
Historical Context
This trend is relevant for evaluating the environmental footprint of Louisiana's industrial activities and informing energy and climate policies.
Key Facts
- Louisiana is a major industrial and energy-producing state.
- Petroleum is a key fuel source for Louisiana's industrial sector.
- Tracking carbon emissions is crucial for environmental policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emitted by industrial facilities in Louisiana that consume petroleum-based fuels.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the environmental impact of Louisiana's industrial activities and informing energy and climate policies.
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 levels.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry analysts to evaluate the environmental footprint of Louisiana's industrial sector and inform energy and climate policies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and updates, but the U.S. Energy Information Administration strives to provide timely and reliable information.
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Citation
U.S. Energy Information Administration, Industrial Carbon Dioxide Emissions, Petroleum for Louisiana (EMISSCO2TOTVICPELAA), retrieved from FRED.