Forecast: Hydrofluorocarbons Emissions Total Gross Abstraction in Canada

The hydrofluorocarbons emissions in Canada, measured in million metric tons of CO2 equivalent, have shown a consistent downward trend from 2024 to 2028, decreasing from 10.76 in 2024 to 9.85 in 2028. In 2023, the emissions were at 11.00. The year-on-year decrease ranges from approximately 2.1% from 2024-2025 to about 2.2% annually for the following years up to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects an average annual decline of around 2.2%.

Future trends to watch for include policy and technological advancements aimed at reducing hydrofluorocarbons emissions further, potentially impacting the pace of this decline. Moreover, increased regulatory changes and the development of alternative refrigeration and air conditioning technologies could accelerate the reduction in emissions.

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