1. A system for analyzing steam trap data comprising: a plurality of steam trap monitoring devices each connected to a respective one of a plurality of steam traps, each of the steam trap monitoring devices including at least one sensor operable to monitor a parameter of the respective steam trap, a transforming apparatus operable to transform the parameter into data, and a transmitter operable to transmit the data to a computer; and a computer operable to receive the data, the computer including an algorithm for evaluating the data, the algorithm including an environmental program module for making 1) an efficiency analysis of a steam trap system and 2) an emissions analysis based on steam and emitted constituents other than steam caused by the current operation of the steam trap from the data, the computer generating an output based upon the algorithm, the output being one of output data stored in a data storage device and output data transmitted to a user interface.