Electric Power Carbon Dioxide Emissions, Residual Fuel for Maine
EMISSCO2VRFEIBMEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151,683.58
Year-over-Year Change
93.47%
Date Range
1/1/1980 - 1/1/2018
Summary
This trend measures carbon dioxide emissions from the residual fuel oil used for electric power generation in Maine. It provides insights into the environmental impact of the state's energy mix and electricity production.
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 Electric Power Carbon Dioxide Emissions, Residual Fuel for Maine metric tracks the amount of carbon dioxide released into the atmosphere from the combustion of residual fuel oil used to generate electricity in the state. This data point is crucial for understanding Maine's energy profile and the environmental effects of its power sector.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration.
Historical Context
This metric is used by policymakers, energy analysts, and environmental groups to assess the sustainability of Maine's electricity generation and inform decisions around energy policy and emissions reduction strategies.
Key Facts
- Maine generates over 70% of its electricity from renewable sources.
- Residual fuel oil accounts for a small but significant portion of Maine's electricity mix.
- Carbon dioxide emissions from residual fuel oil use have declined by 25% in Maine since 2005.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of carbon dioxide emissions from the residual fuel oil used to generate electricity in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the environmental impact of Maine's electricity generation and informing energy policy decisions aimed at reducing carbon emissions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers, energy analysts, and environmental groups use this metric to assess the sustainability of Maine's electricity generation and inform decisions around energy policy and emissions reduction strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, but it provides a comprehensive view of Maine's electric power carbon dioxide emissions from residual fuel oil use.
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Citation
U.S. Federal Reserve, Electric Power Carbon Dioxide Emissions, Residual Fuel for Maine (EMISSCO2VRFEIBMEA), retrieved from FRED.