Commercial Carbon Dioxide Emissions, Residual Fuel for North Carolina
EMISSCO2VRFCCBNCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
551.58
Year-over-Year Change
-99.31%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures the commercial carbon dioxide emissions from residual fuel consumption in North Carolina. It provides insights into the environmental impact of commercial energy use in the state.
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 Commercial Carbon Dioxide Emissions, Residual Fuel for North Carolina trend tracks the carbon dioxide released into the atmosphere from the combustion of residual fuel oil by commercial entities in the state. This metric is important for understanding the environmental footprint of commercial energy consumption and can inform policymaking and emissions reduction strategies.
Methodology
The data is calculated based on energy consumption statistics and carbon content factors for residual fuel oil.
Historical Context
This trend is relevant for environmental and energy analysts studying the commercial sector's contribution to greenhouse gas emissions.
Key Facts
- North Carolina's commercial sector accounts for 20% of the state's total carbon dioxide emissions.
- Residual fuel oil is a heavy, low-grade fuel used in large commercial and industrial applications.
- Commercial carbon emissions in North Carolina have declined by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the carbon dioxide emissions from the combustion of residual fuel oil by commercial entities in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the environmental impact of commercial energy use, which is important for policymaking and emissions reduction strategies.
Q: How is this data collected or calculated?
A: The data is calculated based on energy consumption statistics and carbon content factors for residual fuel oil.
Q: How is this trend used in economic policy?
A: This trend is relevant for environmental and energy analysts studying the commercial sector's contribution to greenhouse gas emissions.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be a lag of several months between the reference period and the published figures.
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Citation
U.S. Federal Reserve, Commercial Carbon Dioxide Emissions, Residual Fuel for North Carolina (EMISSCO2VRFCCBNCA), retrieved from FRED.