Industrial Carbon Dioxide Emissions, Petroleum for North Carolina

EMISSCO2TOTVICPENCA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.70

Year-over-Year Change

-15.89%

Date Range

1/1/1970 - 1/1/2021

Summary

This trend measures industrial carbon dioxide emissions from petroleum consumption in North Carolina. It provides crucial data for assessing environmental impact and informing policymaking.

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 North Carolina series tracks the total amount of carbon dioxide released into the atmosphere from industrial petroleum use within the state. This metric is an important indicator of energy use and environmental sustainability.

Methodology

The data is collected and calculated by the U.S. Energy Information Administration.

Historical Context

This trend is widely used by policymakers, environmental agencies, and industry analysts to monitor emissions and inform energy and climate policies.

Key Facts

  • North Carolina accounts for 2.2% of total U.S. industrial CO2 emissions from petroleum.
  • Emissions from this source have declined by 15% in North Carolina since 2005.
  • The state aims to reduce greenhouse gas emissions by 40% from 2005 levels by 2025.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total amount of carbon dioxide emitted into the atmosphere from industrial petroleum consumption in the state of North Carolina.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for tracking environmental impact, informing energy and climate policies, and assessing progress towards emissions reduction goals.

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: Policymakers, environmental agencies, and industry analysts use this trend to monitor emissions and inform energy and climate policies at the state level.

Q: Are there update delays or limitations?

A: The data is published regularly with minimal delays, providing timely insights into industrial emissions in North Carolina.

Related Trends

Citation

U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Petroleum for North Carolina (EMISSCO2TOTVICPENCA), retrieved from FRED.