Residential Carbon Dioxide Emissions, Petroleum for Rhode Island
EMISSCO2TOTVRCPERIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.12
Year-over-Year Change
-18.35%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures residential carbon dioxide emissions from petroleum consumption in Rhode Island. It is an important metric for understanding the environmental impact of household energy use in the state.
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 Rhode Island trend tracks the total amount of carbon dioxide released into the atmosphere from residential petroleum-based energy consumption in the state. This data provides insight into the carbon footprint of households and informs policies aimed at reducing greenhouse gas emissions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
Policymakers and researchers use this trend to evaluate residential energy use and design programs to promote energy efficiency and emissions reduction.
Key Facts
- Rhode Island's residential carbon dioxide emissions from petroleum have declined by 20% since 2005.
- Residential energy use accounts for approximately 20% of total energy-related emissions in Rhode Island.
- Improving home energy efficiency is a key strategy for reducing Rhode Island's overall carbon footprint.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide emissions from residential petroleum consumption in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important information on the environmental impact of household energy use, which is crucial for developing policies and programs to promote 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.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this trend to evaluate residential energy use and design programs to promote energy efficiency and reduce greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, but there may be a delay of several months between the end of the reporting period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, Petroleum for Rhode Island (EMISSCO2TOTVRCPERIA), retrieved from FRED.