Residual Fuel Transportation Sector Carbon Dioxide Emissions
This dataset tracks residual fuel transportation sector carbon dioxide emissions over time.
Latest Value
47.31
Year-over-Year Change
-29.36%
Date Range
1/1/1973 - 1/1/2022
Summary
The Residual Fuel Transportation Sector Carbon Dioxide Emissions trend measures the amount of carbon dioxide (CO2) emissions from the use of residual fuel oil in the transportation sector of the U.S. economy. This metric is important for understanding the environmental impact of energy consumption and informing policies aimed at reducing greenhouse gas emissions.
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
Residual fuel oil is a heavy, low-grade fuel oil that is primarily used in the shipping and maritime transportation industries. This emissions data provides insight into the carbon footprint of the transportation sector and can help policymakers and industry stakeholders develop strategies to transition towards more sustainable energy sources.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration (EIA) based on fuel consumption statistics and emissions factors.
Historical Context
This trend is used by government agencies, researchers, and industry analysts to assess the environmental performance of the transportation sector and inform policies related to energy and emissions regulation.
Key Facts
- Residual fuel oil accounts for around 4% of total U.S. transportation sector energy consumption.
- Transportation is the largest source of U.S. greenhouse gas emissions, responsible for about 29% of total emissions.
- The International Maritime Organization has set targets to reduce shipping's carbon intensity by at least 40% by 2030.
FAQs
Q: What does this economic trend measure?
A: The Residual Fuel Transportation Sector Carbon Dioxide Emissions trend measures the amount of carbon dioxide (CO2) emissions from the use of residual fuel oil in the U.S. transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important data for understanding the environmental impact of the transportation sector and informing policies aimed at reducing greenhouse gas emissions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration (EIA) based on fuel consumption statistics and emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, researchers, and industry analysts to assess the environmental performance of the transportation sector and inform policies related to energy and emissions regulation.
Q: Are there update delays or limitations?
A: The data is published with a time lag, but the EIA strives to provide timely and reliable emissions estimates for the transportation sector.
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Citation
U.S. Federal Reserve, Residual Fuel Transportation Sector Carbon Dioxide Emissions (EMISSCO2VRFACBA), retrieved from FRED.