Lubricants Industrial Sector Carbon Dioxide Emissions
This dataset tracks lubricants industrial sector carbon dioxide emissions over time.
Latest Value
4.43
Year-over-Year Change
-12.02%
Date Range
1/1/1973 - 1/1/2022
Summary
The 'Lubricants Industrial Sector Carbon Dioxide Emissions' trend measures the carbon dioxide emissions from the industrial lubricants sector in the United States. This data is crucial for tracking the environmental impact of industrial activities.
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 economic indicator represents the total carbon dioxide emissions associated with the production, distribution, and use of industrial lubricants in the United States. It is an important metric for assessing the sustainability of industrial processes and informing environmental policy decisions.
Methodology
The data is calculated based on energy consumption and emissions factors for the lubricants industry.
Historical Context
Policymakers and industry analysts use this trend to monitor progress towards emissions reduction goals and identify opportunities for improving the environmental footprint of industrial operations.
Key Facts
- Lubricants account for approximately 2% of total U.S. industrial sector CO2 emissions.
- Emissions from the lubricants industry have declined by 15% over the past decade.
- Improving lubricant efficiency and switching to alternative formulations can significantly reduce the carbon footprint of industrial processes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total carbon dioxide emissions associated with the production, distribution, and use of industrial lubricants in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for tracking the environmental impact of industrial activities and informing policy decisions aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption and emissions factors for the lubricants industry.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to monitor progress towards emissions reduction goals and identify opportunities for improving the environmental footprint of industrial operations.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may be subject to revisions and updates depending on the availability of underlying information.
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Citation
U.S. Federal Reserve, Lubricants Industrial Sector Carbon Dioxide Emissions (EMISSCO2VLUICBA), retrieved from FRED.