Petroleum Coke Electric Power Sector Carbon Dioxide Emissions
This dataset tracks petroleum coke electric power sector carbon dioxide emissions over time.
Latest Value
8.66
Year-over-Year Change
-37.94%
Date Range
1/1/1973 - 1/1/2022
Summary
This economic trend measures carbon dioxide emissions from the use of petroleum coke by the electric power sector in the United States. It is an important indicator for analyzing the environmental impact of energy production and consumption.
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
Petroleum coke is a solid carbon-rich byproduct of the oil refining process. This trend tracks the amount of carbon dioxide released into the atmosphere from the combustion of petroleum coke for electricity generation. It is used by economists and policymakers to assess the carbon footprint of the power sector.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
This trend is relevant for evaluating the environmental sustainability of energy policies and the transition to cleaner power sources.
Key Facts
- Petroleum coke is a solid byproduct of oil refining.
- The electric power sector is a major consumer of petroleum coke.
- Carbon dioxide emissions from petroleum coke contribute to climate change.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions from the use of petroleum coke by the electric power sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for evaluating the environmental impact of energy production and informing policies to promote sustainability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the carbon footprint of the power sector and inform policies aimed at reducing emissions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Petroleum Coke Electric Power Sector Carbon Dioxide Emissions (EMISSCO2VPCEIBA), retrieved from FRED.