Residential Carbon Dioxide Emissions, Petroleum for Arizona
EMISSCO2TOTVRCPEAZA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.32
Year-over-Year Change
4.29%
Date Range
1/1/1970 - 1/1/2021
Summary
This economic trend measures the total residential carbon dioxide emissions from petroleum consumption in the state of Arizona. It is an important indicator for understanding the environmental impact of residential energy use and informing policymakers on energy and climate initiatives.
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 Residential Carbon Dioxide Emissions, Petroleum for Arizona trend tracks the volume of carbon dioxide released into the atmosphere from residential petroleum consumption, such as heating oil and propane, within the state of Arizona. This metric helps analysts assess the environmental footprint of household energy use and informs policy decisions related to residential energy efficiency and emissions reduction.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on state-level residential petroleum sales and emissions factors.
Historical Context
This trend is relevant for policymakers, environmental organizations, and energy analysts seeking to understand the carbon impact of residential energy use and develop strategies to mitigate residential emissions.
Key Facts
- Arizona's residential petroleum emissions account for 12% of the state's total carbon footprint.
- Residential petroleum use has declined by 25% in Arizona since 2005.
- Improving home energy efficiency could reduce Arizona's residential emissions by up to 30%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of carbon dioxide emissions from residential petroleum consumption, such as heating oil and propane, within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the environmental impact of household energy use and informing policy decisions related to residential energy efficiency and emissions reduction.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on state-level residential petroleum sales and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, environmental organizations, and energy analysts seeking to develop strategies to mitigate residential carbon emissions.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some reporting delays or limitations in capturing all residential petroleum use.
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Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, Petroleum for Arizona (EMISSCO2TOTVRCPEAZA), retrieved from FRED.