Residual Fuel Electric Power Sector Carbon Dioxide Emissions
This dataset tracks residual fuel electric power sector carbon dioxide emissions over time.
Latest Value
5.68
Year-over-Year Change
-50.90%
Date Range
1/1/1973 - 1/1/2022
Summary
This economic trend measures carbon dioxide emissions from the residual fuel electric power sector in the United States. It is an important indicator for understanding the environmental impact and transition towards cleaner energy sources.
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 Electric Power Sector Carbon Dioxide Emissions trend represents the amount of carbon dioxide released into the atmosphere from the combustion of residual fuel oil used to generate electricity. This data is crucial for policymakers and industry analysts to track progress towards emissions reduction goals and the shift towards renewable energy sources.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Historical Context
This trend is used to inform energy and environmental policies, as well as investment decisions in the power generation sector.
Key Facts
- Residual fuel oil is a heavy, low-grade fuel oil used in power plants and ships.
- Emissions from the electric power sector account for a significant portion of total U.S. greenhouse gas emissions.
- Reducing carbon emissions from the power sector is a key focus of climate change mitigation efforts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions from the combustion of residual fuel oil used to generate electricity in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the environmental impact of the power generation sector and tracking progress towards emissions reduction goals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on energy consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This trend informs energy and environmental policies, as well as investment decisions in the power generation sector.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in the electric power sector.
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Citation
U.S. Energy Information Administration, Residual Fuel Electric Power Sector Carbon Dioxide Emissions (EMISSCO2VRFEIBA), retrieved from FRED.