Forecast: Production-Based CO2 Emissions in the US

In 2023, the production-based CO2 emissions in the US stood at 4.70 billion metric tons. Forecast data indicates a gradual decline in emissions over the next few years, with values projected at 4.66 billion metric tons in 2024, 4.62 billion metric tons in 2025, 4.59 billion metric tons in 2026, 4.55 billion metric tons in 2027, and 4.52 billion metric tons in 2028.

- Year-on-year variation from 2023 to 2024 shows a decrease of approximately 0.85%.
- From 2024 to 2025, a further reduction of roughly 0.86% is forecasted.
- 2025 to 2026 is expected to see a decrease of about 0.65%.
- From 2026 to 2027, the decline is anticipated to be around 0.87%.
- The projected decrease from 2027 to 2028 stands at 0.66%.
- The compound annual growth rate (CAGR) indicates an average annual reduction of approximately 0.78% over the five years from 2023 to 2028.

Future trends to watch for include advancements in renewable energy technologies, tighter environmental regulations, and significant policy changes that could accelerate the reduction of CO2 emissions. Additionally, monitoring industrial innovation and shifts in energy consumption patterns will be crucial for understanding the trajectory of emissions.

Top Countries about Carbon Capture