Transportation Carbon Dioxide Emissions, Residual Fuel for Maine
EMISSCO2VRFACBMEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,858.21
Year-over-Year Change
-91.89%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures carbon dioxide emissions from residual fuel oil consumption in the transportation sector for the state of Maine. It is a key indicator for tracking environmental impact and energy use within Maine's transportation systems.
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 Transportation Carbon Dioxide Emissions, Residual Fuel for Maine series tracks the amount of carbon dioxide released into the atmosphere from the use of residual fuel oil in Maine's transportation sector. This data helps assess the environmental sustainability and energy efficiency of Maine's transportation infrastructure and activities.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported residual fuel oil consumption and emissions factors.
Historical Context
This metric is used by policymakers, researchers, and industry analysts to understand Maine's progress towards emissions reduction goals and sustainable transportation development.
Key Facts
- Maine's transportation sector accounts for over 50% of the state's total carbon emissions.
- Residual fuel oil is a heavy, high-carbon fuel used in some transportation applications.
- Reducing transportation emissions is a key priority for Maine's climate action plan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions from the use of residual fuel oil in Maine's transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for tracking Maine's progress towards environmental and emissions reduction goals for the transportation industry.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported residual fuel oil consumption and emissions factors.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and industry analysts use this metric to understand the environmental impact and energy efficiency of Maine's transportation systems.
Q: Are there update delays or limitations?
A: There may be several months of reporting delay for this data, and it only covers residual fuel oil use, not total transportation emissions.
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Citation
U.S. Federal Reserve, Transportation Carbon Dioxide Emissions, Residual Fuel for Maine (EMISSCO2VRFACBMEA), retrieved from FRED.