Forecast: Coal Support in Canada

The data shows a significant decrease in coal support in Canada from 2013 to 2022, with values dropping from 2.04 to 0.62 units of fossil fuel support. Notable decreases occurred in 2015 (-50.29%), 2017 (-48.1%), and 2020 (-54.79%), while 2019 showed a notable year-on-year increase of 128.13%. The 5-year CAGR leading to 2022 was 8.62%, indicating an overall decline. Forecasted data from 2023 to 2028 show a gradual decrease at an average of 4.07% per year, with a total forecasted decrease of 18.75%.

Future trends to watch include Canada's policy changes and global shifts towards renewable energies, which might further drive down coal support.

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