Residential Carbon Dioxide Emissions, Distillate Fuel for Illinois
EMISSCO2VDFRCBILA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,843.50
Year-over-Year Change
-53.02%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures residential carbon dioxide emissions from distillate fuel consumption in Illinois. It provides insights into the environmental impact of home heating and energy usage 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 Residential Carbon Dioxide Emissions, Distillate Fuel for Illinois trend tracks the amount of carbon dioxide released into the atmosphere due to the use of distillate fuels, such as heating oil, for residential purposes within the state. This metric is valuable for understanding the environmental footprint of home energy consumption and informing policies aimed at reducing greenhouse gas emissions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported distillate fuel sales and emissions factors.
Historical Context
This trend is useful for policymakers, environmental advocates, and energy analysts seeking to evaluate the impact of residential energy use on air quality and climate change.
Key Facts
- Illinois is the 6th most populous state in the U.S.
- Residential energy use accounts for about 21% of total energy consumption in Illinois.
- Distillate fuels, including heating oil, make up around 10% of Illinois' residential energy mix.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions generated by the residential use of distillate fuels, such as heating oil, in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the environmental impact of home energy consumption, which is valuable for policymakers, environmental advocates, and energy analysts seeking to understand and mitigate greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on reported distillate fuel sales and emissions factors.
Q: How is this trend used in economic policy?
A: This trend can inform policies aimed at reducing residential greenhouse gas emissions, such as incentives for energy efficiency upgrades or the adoption of cleaner heating technologies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and it may not capture all residential distillate fuel usage, as some households may use alternative heating sources.
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Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, Distillate Fuel for Illinois (EMISSCO2VDFRCBILA), retrieved from FRED.