Residual Fuel Commercial Sector Carbon Dioxide Emissions
This dataset tracks residual fuel commercial sector carbon dioxide emissions over time.
Latest Value
0.24
Year-over-Year Change
-94.75%
Date Range
1/1/1973 - 1/1/2022
Summary
This trend measures the carbon dioxide emissions from the commercial sector's use of residual fuel oil in the United States. It is an important indicator for analyzing the environmental impact and energy consumption patterns of the commercial industry.
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 Residual Fuel Commercial Sector Carbon Dioxide Emissions series tracks the amount of carbon dioxide released into the atmosphere from the commercial sector's consumption of residual fuel oil. This data provides insights into the commercial industry's energy usage and environmental footprint.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on commercial sector energy consumption and fuel emissions factors.
Historical Context
This trend is used by policymakers, researchers, and industry analysts to assess the commercial sector's contribution to greenhouse gas emissions and guide sustainable energy policies.
Key Facts
- Residual fuel oil is a heavy, low-grade fuel oil used in power plants and large boilers.
- The commercial sector accounts for approximately 16% of total U.S. energy-related CO2 emissions.
- Reducing commercial sector emissions is a key focus for climate change mitigation strategies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions from the commercial sector's use of residual fuel oil in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the commercial industry's energy consumption and environmental impact, which is crucial for policymakers and industry stakeholders to develop effective strategies for 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 based on commercial sector energy consumption and fuel emissions factors.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and industry analysts to assess the commercial sector's contribution to greenhouse gas emissions and guide sustainable energy policies.
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 data availability.
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Citation
U.S. Energy Information Administration, Residual Fuel Commercial Sector Carbon Dioxide Emissions (EMISSCO2VRFCCBA), retrieved from FRED.