In 2023, total methane emissions in Canada stood at an estimated level below the 2024 forecast value of 606.25 thousand metric tons of CO2 equivalent. From 2024 to 2028, there is a projected gradual decline in methane emissions, with a year-on-year decrease ranging from 0.4% to 0.3%. This shows a consistent downward trend, likely resulting from improved emission reduction strategies and policies. The compound annual growth rate (CAGR) from 2024 to 2028 indicates a steady reduction in emissions.
Future trends to watch for include the impact of technological advancements in methane capturing and the implementation of stricter regulatory measures designed to accelerate emission reductions. Additionally, shifts in industry practices towards greener alternatives may further influence decreasing trends in methane emissions.
