Natural Gas Transportation Sector Carbon Dioxide Emissions
This dataset tracks natural gas transportation sector carbon dioxide emissions over time.
Latest Value
70.15
Year-over-Year Change
83.78%
Date Range
1/1/1973 - 1/1/2022
Summary
The 'Natural Gas Transportation Sector Carbon Dioxide Emissions' trend measures the volume of carbon dioxide emissions from the natural gas used in the U.S. transportation sector. This metric is important for policymakers and analysts tracking the environmental impact of 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
This data series represents the total carbon dioxide emissions, measured in million metric tons, that result from the combustion of natural gas by vehicles and other transportation modes in the United States. It provides insight into the greenhouse gas footprint of the natural gas component of the transportation fuel mix.
Methodology
The data is calculated by the U.S. Energy Information Administration based on energy consumption statistics and established emissions factors.
Historical Context
Policymakers and market analysts use this metric to assess the environmental sustainability of natural gas as a transportation fuel and to inform energy and climate policy decisions.
Key Facts
- Natural gas is a major transportation fuel, accounting for over 3% of total U.S. transportation energy use.
- Transportation is the second-largest source of U.S. greenhouse gas emissions after electricity generation.
- Reducing emissions from natural gas use in transportation is a key part of many climate change mitigation strategies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of carbon dioxide emissions, in million metric tons, resulting from the combustion of natural gas used for transportation purposes in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the environmental impact of natural gas as a transportation fuel, which is relevant for policymakers, energy analysts, and anyone interested in assessing the greenhouse gas footprint of the U.S. transportation sector.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on energy consumption statistics and established emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to evaluate the environmental sustainability of natural gas as a transportation fuel and to inform energy and climate policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. There may also be revisions to historical data as improved methodologies or new information becomes available.
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Citation
U.S. Federal Reserve, Natural Gas Transportation Sector Carbon Dioxide Emissions (EMISSCO2TOTVTCNGA), retrieved from FRED.