Industrial Carbon Dioxide Emissions, Distillate Fuel for Rhode Island
EMISSCO2VDFICBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80,903.90
Year-over-Year Change
-11.66%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures industrial carbon dioxide emissions from distillate fuel consumption in Rhode Island. It is an important indicator of the state's industrial energy use and environmental impact.
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 Industrial Carbon Dioxide Emissions, Distillate Fuel for Rhode Island series tracks the volume of carbon dioxide released into the atmosphere from the combustion of distillate fuels used in industrial activities within the state. This metric provides insight into the energy efficiency and environmental footprint of Rhode Island's industrial sector.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported industrial distillate fuel consumption.
Historical Context
Policymakers and analysts use this trend to assess the sustainability of Rhode Island's industrial activities and inform environmental and energy policies.
Key Facts
- Rhode Island's industrial CO2 emissions from distillate fuel peaked in 2007.
- Emissions declined by over 40% between 2007 and 2020.
- The industrial sector accounts for roughly 10% of Rhode Island's total CO2 emissions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions from the combustion of distillate fuels used by industrial facilities in Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the energy efficiency and environmental impact of Rhode Island's industrial sector, which is critical information for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported industrial distillate fuel consumption.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the sustainability of Rhode Island's industrial activities and inform environmental and energy policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in industrial emissions.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Distillate Fuel for Rhode Island (EMISSCO2VDFICBRIA), retrieved from FRED.