Transportation Carbon Dioxide Emissions, Petroleum for Virginia
EMISSCO2TOTVTCPEVAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.00
Year-over-Year Change
-0.76%
Date Range
1/1/1970 - 1/1/2021
Summary
The 'Transportation Carbon Dioxide Emissions, Petroleum for Virginia' trend measures greenhouse gas emissions from transportation fuels in the state of Virginia. This data is critical for policymakers and researchers studying the environmental impact of the transportation sector.
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 series tracks the total carbon dioxide emissions produced by the consumption of petroleum-based transportation fuels, such as gasoline and diesel, within the state of Virginia. It serves as an important indicator for state-level environmental and energy policy analysis.
Methodology
The data is calculated based on estimates of transportation fuel consumption and standard emissions factors.
Historical Context
Policymakers and analysts use this trend to assess progress towards emissions reduction goals and the environmental sustainability of Virginia's transportation system.
Key Facts
- Transportation is the largest source of greenhouse gas emissions in Virginia.
- Emissions from petroleum-based fuels account for over 90% of transportation-related CO2 in the state.
- Virginia has set a goal of achieving net-zero emissions by 2045.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide emissions produced by the consumption of petroleum-based transportation fuels, such as gasoline and diesel, within the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data is critical for policymakers and researchers studying the environmental impact of the transportation sector and assessing progress towards emissions reduction goals in Virginia.
Q: How is this data collected or calculated?
A: The data is calculated based on estimates of transportation fuel consumption and standard emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the environmental sustainability of Virginia's transportation system and inform policy decisions aimed at reducing greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in estimating fuel consumption at the state level.
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Citation
U.S. Federal Reserve, Transportation Carbon Dioxide Emissions, Petroleum for Virginia (EMISSCO2TOTVTCPEVAA), retrieved from FRED.