Residential Carbon Dioxide Emissions, Distillate Fuel for Rhode Island
EMISSCO2VDFRCBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,054,164.65
Year-over-Year Change
-13.47%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures residential carbon dioxide emissions from distillate fuel use in Rhode Island. It provides important insights into energy consumption and environmental impact at the state level.
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 Rhode Island series tracks the amount of carbon dioxide released into the atmosphere from the residential use of distillate fuels, such as heating oil, in the state of Rhode Island. This metric is crucial for understanding the environmental footprint of home energy use and informing energy and climate policy decisions.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
Policymakers and analysts use this trend to assess the environmental impact of residential energy consumption and develop strategies to reduce carbon emissions.
Key Facts
- Rhode Island's residential distillate fuel emissions account for a significant portion of the state's total carbon footprint.
- Reducing residential energy use and transitioning to cleaner fuels can help Rhode Island meet its climate change mitigation goals.
- Tracking this trend over time provides valuable insights into the effectiveness of energy efficiency and conservation programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions generated from the residential use of distillate fuels, such as heating oil, in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of home energy use and informing policy decisions aimed at reducing carbon emissions and promoting energy efficiency.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the environmental impact of residential energy consumption and develop strategies to reduce carbon emissions and promote cleaner energy sources.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but there may be occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Residential Carbon Dioxide Emissions, Distillate Fuel for Rhode Island (EMISSCO2VDFRCBRIA), retrieved from FRED.