Industrial Carbon Dioxide Emissions, Lubricants for Massachusetts
EMISSCO2VLUICBMAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129,650.69
Year-over-Year Change
-11.00%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures industrial carbon dioxide emissions from the production and use of lubricants in Massachusetts. It provides important insights into the environmental impact of the state's 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
The Industrial Carbon Dioxide Emissions, Lubricants for Massachusetts series tracks the volume of carbon dioxide emissions generated by the manufacturing, processing, and consumption of lubricants within the state. This data is a key indicator of the environmental sustainability of Massachusetts' industrial sector.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration using production and sales records.
Historical Context
This trend is closely monitored by policymakers, environmental agencies, and industry stakeholders to inform regulations and sustainability initiatives.
Key Facts
- Massachusetts is a major industrial hub in the Northeast U.S.
- Lubricants account for a significant portion of industrial CO2 emissions.
- Reducing these emissions is a key sustainability goal for the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions generated by the production and use of industrial lubricants in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This data is critical for assessing the environmental impact of Massachusetts' industrial sector and informing policies and initiatives aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The U.S. Energy Information Administration collects production and sales records to calculate the industrial carbon dioxide emissions from lubricant usage in Massachusetts.
Q: How is this trend used in economic policy?
A: Policymakers, environmental agencies, and industry stakeholders closely monitor this trend to develop regulations, sustainability programs, and emissions reduction strategies for Massachusetts.
Q: Are there update delays or limitations?
A: The data is published with a short delay, and may not capture all emissions sources or have complete coverage for the entire state.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Lubricants for Massachusetts (EMISSCO2VLUICBMAA), retrieved from FRED.