Australia’s production-based CO2 emissions have exhibited slight fluctuations from 2013 through 2023, with notable declines in certain years. As of 2023, emissions were at 381.22 million metric tons. Year-on-year’s percentage variations observed significant drops, such as those in 2014 (-2.52%) and 2020 (-3.9%), but showed stabilization in recent years with smaller declines or minor increases. A complex CAGR pattern is also visible over various five-year periods, indicating general emissions steadiness.
Forecasted data from 2024 to 2028 suggest a moderate increase in emissions, with a 5-year forecast CAGR of around 0.23%. Anticipated values for 2028 at 386.80 million metric tons imply slight growing trends in CO2 emissions.
Future trends to watch for include regulatory policies aimed at emissions reduction, technological advancements in greener energy alternatives, and economic shifts impacting industrial activity and energy consumption.
