Transportation Carbon Dioxide Emissions, Distillate Fuel for North Carolina
EMISSCO2VDFACBNCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,058,192.30
Year-over-Year Change
2.18%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures carbon dioxide emissions from the consumption of distillate fuel oil in the transportation sector of North Carolina. It is an important indicator of fossil fuel usage and environmental impact in 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 Transportation Carbon Dioxide Emissions, Distillate Fuel for North Carolina series tracks the amount of carbon dioxide produced from the combustion of distillate fuel oil, a type of diesel fuel, in North Carolina's transportation industry. This metric provides insight into the state's reliance on fossil fuels and associated environmental consequences.
Methodology
The data is calculated by the U.S. Energy Information Administration based on distillate fuel oil consumption statistics.
Historical Context
This trend informs policymakers and industry analysts about energy usage patterns and the environmental sustainability of North Carolina's transportation sector.
Key Facts
- North Carolina's transportation sector accounts for over a quarter of the state's total carbon dioxide emissions.
- Diesel fuel use in transportation has declined by 15% in North Carolina since 2005.
- Reducing transportation emissions is a key priority for North Carolina's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions from the consumption of distillate fuel oil, a type of diesel fuel, in North Carolina's transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the environmental impact and energy usage patterns of North Carolina's transportation industry, which is crucial for policymakers and industry analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on distillate fuel oil consumption statistics.
Q: How is this trend used in economic policy?
A: This trend informs policymakers and industry analysts about the sustainability of North Carolina's transportation sector and supports the development of policies to reduce fossil fuel usage and environmental impact.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months and may not capture the most recent changes in transportation fuel consumption and emissions.
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Citation
U.S. Federal Reserve, Transportation Carbon Dioxide Emissions, Distillate Fuel for North Carolina (EMISSCO2VDFACBNCA), retrieved from FRED.