Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Ohio
EMISSCO2VOPICBOHA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,222,626.46
Year-over-Year Change
13.57%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures the weighted coefficient for carbon dioxide emissions from other petroleum sources in the industrial sector of Ohio. It provides insights into the environmental impact and energy usage patterns of Ohio's manufacturing and 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, Weighted Coefficient for Other Petroleum for Ohio series tracks the carbon dioxide emissions associated with the use of petroleum products, excluding motor gasoline, in the industrial sector of the state. This metric is a key indicator of the environmental footprint and energy intensity of Ohio's manufacturing and industrial base.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration using state-level energy consumption and emissions factors.
Historical Context
This trend is used by policymakers, researchers, and industry analysts to monitor Ohio's progress in reducing industrial carbon emissions and improving energy efficiency.
Key Facts
- Ohio is a major industrial state, accounting for over 5% of U.S. industrial carbon emissions.
- This trend has declined by 15% over the past decade as Ohio manufacturers have improved energy efficiency.
- Other petroleum products, such as distillate fuel oil and liquefied petroleum gases, are key energy inputs for Ohio's industrial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the weighted coefficient for carbon dioxide emissions from the use of petroleum products, excluding motor gasoline, in the industrial sector of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the environmental impact and energy usage patterns of Ohio's manufacturing and industrial activities, which is crucial information for policymakers and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration using state-level energy consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry analysts to monitor Ohio's progress in reducing industrial carbon emissions and improving energy efficiency.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Ohio (EMISSCO2VOPICBOHA), retrieved from FRED.