Total Carbon Dioxide Emissions From All Sectors, All Fuels for Massachusetts
EMISSCO2TOTVTTTOMAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.12
Year-over-Year Change
-20.28%
Date Range
1/1/1970 - 1/1/2021
Summary
This trend measures total carbon dioxide (CO2) emissions from all economic sectors and fuel sources in the state of Massachusetts. It is a key indicator for understanding the state's environmental impact and progress toward emissions reduction goals.
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 CO2 emissions metric aggregates emissions from various sources, including energy production, transportation, industrial processes, and residential/commercial activities. This data provides insights into Massachusetts' carbon footprint and can inform policymaking and target-setting around climate change mitigation.
Methodology
The data is collected by the U.S. Energy Information Administration through a combination of direct reporting, surveys, and estimation models.
Historical Context
Emissions data is closely watched by policymakers, environmentalists, and industry analysts to assess the state's progress toward emissions reduction targets and environmental sustainability.
Key Facts
- Massachusetts aims to reduce greenhouse gas emissions by 80% below 1990 levels by 2050.
- Transportation is the largest source of CO2 emissions in Massachusetts, accounting for over 40% of the state's total.
- The state has implemented various policies, such as a regional cap-and-trade program, to drive down emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide (CO2) emissions from all economic sectors and fuel sources in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Massachusetts' carbon footprint and can inform policymaking and target-setting around climate change mitigation.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through a combination of direct reporting, surveys, and estimation models.
Q: How is this trend used in economic policy?
A: Emissions data is closely watched by policymakers, environmentalists, and industry analysts to assess the state's progress toward emissions reduction targets and environmental sustainability.
Q: Are there update delays or limitations?
A: The data is published with a delay, and there may be limitations in the accuracy of estimation models for certain sectors or fuel sources.
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Citation
U.S. Federal Reserve, Total Carbon Dioxide Emissions From All Sectors, All Fuels for Massachusetts (EMISSCO2TOTVTTTOMAA), retrieved from FRED.