The total carbon dioxide emissions in Australasia have experienced minor fluctuations from 2013 to 2023, standing at 428.62 million metric tons in 2023. The year-on-year variations show a general trend of slight increases or decreases, with a notable shift towards stability in recent years. From 2019 to 2023, the average annual growth rate (CAGR) was 0.31%, indicating a steady but gradual increase.
The trend forecast from 2024 to 2028 suggests a continued moderate growth in emissions, with a five-year CAGR of 0.22%, leading to an overall growth rate of 1.1% by 2028.
Future trends to watch for include technological advancements in renewable energy, policy changes aimed at reducing emissions, and potential economic factors that may drive both increases and decreases in carbon dioxide output. These elements will significantly impact the long-term trends in carbon emissions in the region.
