Residential Carbon Dioxide Emissions, Petroleum for Montana
EMISSCO2TOTVRCPEMTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.53
Year-over-Year Change
-15.04%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures residential carbon dioxide emissions from petroleum consumption in Montana. It provides insights into the environmental impact of energy use in homes.
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 Montana series tracks the amount of carbon dioxide released into the atmosphere from the residential use of petroleum-based fuels in the state of Montana. This data is useful for understanding the environmental footprint of home energy consumption and informing policies aimed at reducing greenhouse gas emissions.
Methodology
The data is collected by the U.S. Energy Information Administration.
Historical Context
Policymakers and researchers use this trend to evaluate the effectiveness of residential energy efficiency programs and carbon reduction initiatives.
Key Facts
- Montana's residential carbon emissions from petroleum were 0.46 million metric tons in 2020.
- Petroleum accounts for over 70% of residential energy use in Montana.
- Reducing residential energy consumption can significantly lower carbon emissions in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted from the residential use of petroleum-based fuels in Montana.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the environmental impact of home energy use and informing policies to reduce greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this trend to evaluate the effectiveness of residential energy efficiency programs and carbon reduction initiatives.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, but it provides a comprehensive view of residential carbon emissions from petroleum in Montana.
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Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, Petroleum for Montana (EMISSCO2TOTVRCPEMTA), retrieved from FRED.