Transportation Carbon Dioxide Emissions, Lubricants for Alabama
EMISSCO2VLUACBALA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
192,286.75
Year-over-Year Change
2.53%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures carbon dioxide emissions from the use of lubricants for transportation in Alabama. It is a key indicator of the environmental impact of the state's transportation sector.
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, Lubricants for Alabama metric tracks the volume of carbon dioxide released into the atmosphere due to the consumption of lubricants in the state's transportation activities. This data provides insights into the environmental sustainability of Alabama's transportation systems.
Methodology
The data is calculated by the U.S. Energy Information Administration based on state-level transportation fuel consumption and emissions factors.
Historical Context
Policymakers and transportation planners use this metric to inform strategies for reducing the carbon footprint of Alabama's transportation networks.
Key Facts
- Alabama's transportation sector accounts for over 27% of the state's total greenhouse gas emissions.
- Lubricants used in transportation contribute around 5% of Alabama's transportation-related CO2 emissions.
- Reducing lubricant-related emissions is a key strategy for meeting Alabama's environmental sustainability goals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions generated from the use of lubricants in Alabama's transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the environmental impact of Alabama's transportation systems, which is crucial for informing sustainable policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on state-level transportation fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and transportation planners use this metric to develop strategies for reducing the carbon footprint of Alabama's transportation networks.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture short-term fluctuations in transportation lubricant usage and emissions.
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Citation
U.S. Federal Reserve, Transportation Carbon Dioxide Emissions, Lubricants for Alabama (EMISSCO2VLUACBALA), retrieved from FRED.