Industrial Carbon Dioxide Emissions, Lubricants for Maryland
EMISSCO2VLUICBMDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70,873.73
Year-over-Year Change
-55.66%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures industrial carbon dioxide emissions from lubricant use in Maryland. It provides insight into the environmental impact and energy consumption of the state's industrial 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 Industrial Carbon Dioxide Emissions, Lubricants for Maryland series tracks the amount of carbon dioxide released into the atmosphere as a byproduct of lubricant consumption by industrial facilities in the state. This data is used by policymakers and analysts to assess the environmental sustainability and energy efficiency of Maryland's manufacturing and production activities.
Methodology
The data is collected through surveys and calculations by the U.S. Energy Information Administration.
Historical Context
This trend is closely monitored by regulators, businesses, and environmental groups to inform policies and strategies for reducing industrial greenhouse gas emissions.
Key Facts
- Maryland's industrial CO2 emissions from lubricants were 0.71 million metric tons in 2020.
- Lubricant use accounts for 12% of total industrial emissions in Maryland.
- Emissions from this sector have declined by 18% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions produced by the industrial use of lubricants in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the environmental impact and energy efficiency of Maryland's manufacturing and production activities, which can inform policymaking and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys and calculations by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by regulators, businesses, and environmental groups to inform policies and strategies for reducing industrial greenhouse gas emissions in Maryland.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately 1 year.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Lubricants for Maryland (EMISSCO2VLUICBMDA), retrieved from FRED.