The forecasted carbon monoxide emissions in Canada show a steady decline from 2024 to 2028. In 2023, emissions stood at 4.63 million metric tons. The year-on-year decrease from 2024 to 2025 is approximately 2.66%, continuing this trend with a similar rate of decline annually through 2028. The compound annual growth rate (CAGR) over these five years indicates an average decline of around 2.56% per year.
Future trends to watch for include:
- Technological advancements in emission reduction technologies or practices that might accelerate the trend.
- Governmental policies and regulations aimed at further reducing emissions could significantly impact future forecasts.
- Public and investor pressure driving industries to adopt cleaner technologies more rapidly.
