Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Rhode Island
EMISSCO2VNGICBRIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
481,754.53
Year-over-Year Change
39.58%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures industrial carbon dioxide emissions from natural gas (pipeline) usage in Rhode Island. It provides insights into the environmental impact of energy consumption in 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, Natural Gas (Pipeline) for Rhode Island metric tracks the volume of carbon dioxide released into the atmosphere from the combustion of natural gas used by industrial facilities in the state. This data point is a key indicator of the environmental sustainability of Rhode Island's industrial activities.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on reported natural gas consumption and emissions factors.
Historical Context
This trend is used by policymakers, researchers, and industry stakeholders to monitor progress toward emissions reduction goals and inform energy and environmental policies.
Key Facts
- Rhode Island's industrial sector accounts for 10% of the state's total carbon emissions.
- Natural gas is the primary fuel source for 65% of Rhode Island's industrial facilities.
- Emissions from industrial natural gas use have declined by 12% in Rhode Island since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of carbon dioxide emissions released into the atmosphere from the combustion of natural gas used by industrial facilities in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the environmental impact of Rhode Island's industrial energy consumption and is a key indicator for policymakers, researchers, and industry stakeholders seeking to monitor progress toward emissions reduction goals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on reported natural gas consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry stakeholders to monitor progress toward emissions reduction goals and inform energy and environmental policies in Rhode Island.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a 3-month lag. There may be limitations in capturing emissions from small or off-the-grid industrial facilities.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Rhode Island (EMISSCO2VNGICBRIA), retrieved from FRED.