Petroleum Residential Sector Carbon Dioxide Emissions

EMISSCO2TOTVRCPEA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

66.74

Year-over-Year Change

-13.45%

Date Range

1/1/1973 - 1/1/2022

Summary

This economic trend measures carbon dioxide emissions from the residential sector's consumption of petroleum products in the United States. It is an important indicator for understanding the environmental impact of household energy usage.

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 Petroleum Residential Sector Carbon Dioxide Emissions series tracks the total amount of carbon dioxide released into the atmosphere due to the combustion of petroleum-based fuels by American households. This metric is widely used by policymakers, researchers, and energy analysts to assess the environmental footprint of the residential sector and inform policies aimed at reducing greenhouse gas emissions.

Methodology

The data is calculated by the U.S. Energy Information Administration based on residential petroleum consumption statistics and emissions factors.

Historical Context

This trend is relevant for energy and environmental policy discussions, as well as market analyses of the residential energy industry.

Key Facts

  • Residential sector accounts for 20% of total U.S. energy-related CO2 emissions.
  • Emissions from residential petroleum use have declined by 30% since 2005.
  • Natural gas has surpassed petroleum as the primary residential energy source.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total carbon dioxide emissions from the residential sector's consumption of petroleum products in the United States.

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

A: This metric is important for understanding the environmental impact of household energy usage and informing policies aimed at reducing greenhouse gas emissions.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Energy Information Administration based on residential petroleum consumption statistics and emissions factors.

Q: How is this trend used in economic policy?

A: This trend is relevant for energy and environmental policy discussions, as well as market analyses of the residential energy industry.

Q: Are there update delays or limitations?

A: The data is published regularly by the U.S. Energy Information Administration, with occasional revisions and updates.

Related Trends

Citation

U.S. Federal Reserve, Petroleum Residential Sector Carbon Dioxide Emissions (EMISSCO2TOTVRCPEA), retrieved from FRED.