Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Maine
EMISSCO2VOPICBMEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,095.43
Year-over-Year Change
-47.17%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures industrial carbon dioxide emissions from other petroleum consumption in Maine. It is a key indicator for assessing the environmental impact of industrial activity 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, Weighted Coefficient for Other Petroleum for Maine series tracks the amount of carbon dioxide released into the atmosphere from the use of other petroleum products in Maine's industrial sector. This data point is important for understanding the state's progress towards emissions reduction goals and the carbon footprint of its industrial base.
Methodology
The data is collected by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
This trend is widely used by policymakers, environmental agencies, and industry analysts to monitor Maine's industrial carbon emissions and guide policy decisions.
Key Facts
- Maine accounts for 0.4% of total U.S. industrial carbon emissions.
- Emissions from other petroleum in Maine have declined by 12% since 2005.
- The industrial sector contributes 35% of Maine's total carbon footprint.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emitted from the industrial use of other petroleum products in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for tracking Maine's progress towards emissions reduction goals and understanding the environmental impact of the state's industrial activities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers, environmental agencies, and industry analysts use this trend to monitor industrial carbon emissions in Maine and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated quarterly with a 2-3 month delay. Limitations include coverage only for the state of Maine and exclusion of other greenhouse gas emissions.
Related Trends
Gross Domestic Product: Arts, Entertainment, Recreation, Accommodation, and Food Services (71, 72) in Maine
MEARTETRTACCFDNGSP
Coefficient for Transportation Carbon Dioxide Emissions, LPG (Fuel Use) for Maine
EMISSCO2CHLACBMEA
Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Maine
MEPRNTQGSP
Real Gross Domestic Product: Durable Goods Manufacturing (321, 327-339) in Maine
MEDURMANRGSP
Value-Added Output for Private Nonfarm in Maine
IPUZNT300230000
Implicit Regional Price Deflator for Maine
MEIRPD
Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Maine (EMISSCO2VOPICBMEA), retrieved from FRED.