Lubricants Transportation Sector Carbon Dioxide Emissions
This dataset tracks lubricants transportation sector carbon dioxide emissions over time.
Latest Value
4.64
Year-over-Year Change
-19.00%
Date Range
1/1/1973 - 1/1/2022
Summary
The Lubricants Transportation Sector Carbon Dioxide Emissions series measures the amount of carbon dioxide emitted from the use of lubricants in the transportation sector. This metric is important for understanding the environmental impact of the transportation industry and informing policy decisions.
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
This series represents the carbon dioxide emissions associated with the use of lubricants, such as engine oils and greases, in various modes of transportation, including cars, trucks, and aircraft. It provides insights into the greenhouse gas footprint of the transportation sector and can inform efforts to reduce emissions and promote sustainability.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Historical Context
This trend is used by policymakers, environmental agencies, and transportation industry analysts to assess the environmental impact of the transportation sector and develop strategies to mitigate carbon emissions.
Key Facts
- Transportation accounts for over a quarter of total U.S. greenhouse gas emissions.
- Lubricants contribute a small but significant portion of transportation-related carbon dioxide emissions.
- Reducing lubricant-related emissions can support broader efforts to decarbonize the transportation sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions associated with the use of lubricants, such as engine oils and greases, in the transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the environmental impact of the transportation industry, which is a significant contributor to overall greenhouse gas emissions. It can inform efforts to reduce emissions and promote sustainability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, environmental agencies, and transportation industry analysts to assess the environmental impact of the transportation sector and develop strategies to mitigate carbon emissions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of energy consumption and emissions data collected by the U.S. Energy Information Administration.
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Citation
U.S. Energy Information Administration, Lubricants Transportation Sector Carbon Dioxide Emissions (EMISSCO2VLUACBA), retrieved from FRED.