Total Carbon Dioxide Emissions From All Sectors, Petroleum for United States
EMISSCO2TOTVTTPEUSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,247.76
Year-over-Year Change
-1.78%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures total carbon dioxide (CO2) emissions from all sectors of the U.S. economy, specifically for the petroleum fuel source. It is a key indicator of environmental impact and energy usage patterns.
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 Total Carbon Dioxide Emissions From All Sectors, Petroleum for United States metric tracks the volume of CO2 released from the production and consumption of petroleum products across industries, transportation, and households. This data point is widely used by policymakers, researchers, and environmental organizations to assess progress towards emissions reduction goals.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported petroleum fuel consumption and standard emissions factors.
Historical Context
This trend is relevant for understanding the environmental impact of U.S. energy use and informing policies aimed at reducing greenhouse gas emissions.
Key Facts
- CO2 emissions from petroleum accounted for 45% of total U.S. greenhouse gas emissions in 2021.
- Petroleum is the largest source of energy-related CO2 emissions in the United States.
- Transportation is the largest end-use sector for petroleum, responsible for over 70% of U.S. petroleum consumption.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of carbon dioxide (CO2) emissions from the production and consumption of petroleum fuels across all sectors of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This data point is crucial for understanding the environmental impact of U.S. energy use and informing policies aimed at reducing greenhouse gas emissions and transitioning to cleaner energy sources.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported petroleum fuel consumption and standard emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and environmental organizations use this data to assess progress towards emissions reduction goals and inform policies aimed at promoting energy efficiency and the transition to renewable energy sources.
Q: Are there update delays or limitations?
A: The data is updated monthly with a 2-month lag, and it may not capture all emissions sources or account for changes in emissions factors over time.
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Citation
U.S. Federal Reserve, Total Carbon Dioxide Emissions From All Sectors, Petroleum for United States (EMISSCO2TOTVTTPEUSA), retrieved from FRED.