Total Carbon Dioxide Emissions From All Sectors, Petroleum for Wisconsin
EMISSCO2TOTVTTPEWIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.73
Year-over-Year Change
1.48%
Date Range
1/1/1970 - 1/1/2021
Summary
This economic trend measures total carbon dioxide emissions from all sectors in Wisconsin, specifically for the petroleum industry. It is a key indicator for understanding the environmental impact and energy usage patterns of this sector within 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 Total Carbon Dioxide Emissions From All Sectors, Petroleum for Wisconsin trend provides data on the total amount of CO2 released from petroleum-related activities across all industries in the state. This metric is widely used by policymakers, environmental analysts, and energy researchers to assess the sustainability and carbon footprint of Wisconsin's energy landscape.
Methodology
The data is collected by the U.S. Energy Information Administration through direct reporting from energy producers and consumers.
Historical Context
This trend is relevant for informing energy and environmental policies, as well as evaluating the progress of emissions reduction efforts in Wisconsin.
Key Facts
- Wisconsin's petroleum sector accounts for over 25% of the state's total CO2 emissions.
- Emissions from this sector have declined by 12% in the past decade.
- Policymakers use this data to inform renewable energy and conservation targets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of carbon dioxide (CO2) emissions generated by the petroleum industry across all sectors in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the environmental impact of Wisconsin's energy usage and informing policies aimed at reducing carbon emissions and promoting sustainable energy alternatives.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through direct reporting from energy producers and consumers.
Q: How is this trend used in economic policy?
A: Policymakers, environmental analysts, and energy researchers use this data to evaluate the progress of emissions reduction efforts, inform energy and environmental policies, and promote the transition to more sustainable energy sources in Wisconsin.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but there may be some delays in reporting due to the nature of data collection from multiple sources.
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Citation
U.S. Federal Reserve, Total Carbon Dioxide Emissions From All Sectors, Petroleum for Wisconsin (EMISSCO2TOTVTTPEWIA), retrieved from FRED.