Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Maryland
EMISSCO2VNGICBMDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
899,045.22
Year-over-Year Change
-28.99%
Date Range
1/1/1980 - 1/1/2018
Summary
This economic trend measures industrial carbon dioxide (CO2) emissions from natural gas (pipeline) usage in Maryland. It provides insights into the environmental impact of industrial energy consumption in the state.
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, Natural Gas (Pipeline) for Maryland series tracks the amount of CO2 released into the atmosphere from natural gas consumption by industrial facilities in the state. This metric is useful for evaluating the carbon footprint of Maryland's industrial sector and informing environmental policies.
Methodology
The data is calculated based on natural gas pipeline fuel consumption and emissions factors.
Historical Context
Policymakers and environmental analysts use this trend to monitor progress towards emissions reduction goals.
Key Facts
- Maryland's industrial sector accounts for over 20% of total state CO2 emissions.
- Natural gas use makes up nearly 50% of industrial energy consumption in Maryland.
- Emissions from industrial natural gas use have declined by 15% in Maryland since 2005.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide (CO2) emissions from natural gas consumption by industrial facilities in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the environmental impact of Maryland's industrial sector and can inform policies aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is calculated based on natural gas pipeline fuel consumption and established emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers and environmental analysts use this trend to monitor progress towards emissions reduction goals and guide policies for Maryland's industrial sector.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months and may not capture the most recent changes in industrial natural gas usage and emissions.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Maryland (EMISSCO2VNGICBMDA), retrieved from FRED.