The forecast for methane emissions, excluding land use, land-use change, and forestry, in the U.S. from 2024 to 2028 shows a consistent decline. At 714.86 million metric tons of CO2 equivalent in 2024, there is an annual decrease, reaching 698.6 million metric tons by 2028. This marks a year-on-year reduction of approximately 0.58% for 2025, 0.57% for 2026, 0.57% for 2027, and 0.57% for 2028. In 2023, actual methane emissions were slightly higher. The compounded average growth rate (CAGR) from 2024 to 2028 is about -0.57% annually.
Future trends to watch for:
- Regulatory changes impacting methane emission controls in the oil and gas sector.
- Advancements in technology for methane capture and reduction.
- Implementation of stricter environmental policies or agreements, both domestically and globally.
- Development and adoption of renewable energy sources reducing reliance on methane-intensive processes.