Residential Carbon Dioxide Emissions, All Fuels for Maryland
EMISSCO2TOTVRCTOMDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.70
Year-over-Year Change
-12.00%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures the total residential carbon dioxide emissions from all fuels in the state of Maryland. It is an important indicator for policymakers and researchers studying residential energy use and emissions.
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, All Fuels for Maryland series tracks the total carbon dioxide emissions from residential energy consumption in the state, including emissions from electricity, natural gas, and other fuels. This data provides insights into the environmental impact of home energy use and can inform policy decisions related to residential energy efficiency and emissions reduction.
Methodology
The data is calculated by the U.S. Energy Information Administration using energy consumption statistics and carbon emissions factors.
Historical Context
This trend is used by policymakers, researchers, and the public to understand the environmental footprint of residential energy use and inform strategies for reducing carbon emissions.
Key Facts
- Maryland's residential carbon emissions totaled 19.4 million metric tons in 2020.
- Residential emissions account for about 20% of Maryland's total carbon footprint.
- Natural gas is the largest source of residential emissions in Maryland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide emissions from residential energy use in the state of Maryland, including emissions from electricity, natural gas, and other fuels.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the environmental impact of home energy use, which can inform policy decisions and strategies for reducing residential carbon emissions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration using energy consumption statistics and carbon emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and the public to understand the environmental footprint of residential energy use and inform strategies for reducing carbon emissions.
Q: Are there update delays or limitations?
A: The data is updated annually and may have a delay of several months between the end of the reporting period and the data release.
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Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, All Fuels for Maryland (EMISSCO2TOTVRCTOMDA), retrieved from FRED.