In 2023, Canada's air pollution-related energy tax revenue was $12.16 billion USD. From 2024 to 2028, forecasted revenues show a marginal year-on-year decline, from $12.15 billion to $12.12 billion. This represents an annual decrease of approximately 0.1% in terms of CAGR. The stability of this revenue stream indicates limited volatility and the prospect of consistent taxation related to air pollution.
Future trends to watch for include potential policy changes, shifts in energy consumption patterns, and technological advancements in energy efficiency. These factors could significantly affect the trajectory of energy tax revenues related to air pollution.
