The forecast for nitrous oxide emissions in Canada from 2024 to 2028 shows a gradual decline in emissions, with values decreasing yearly from 351.54 to 347.29 thousand metric tons of CO2 equivalent. In 2023, emissions were slightly higher, marking a steady trend of reduction over the forecast period. The year-on-year variation shows a consistent decline of approximately 0.34% between 2024 and 2028. The compound annual growth rate (CAGR) over the last five years reflects an average decrease of similar magnitude.
Future trends to watch for include:
- Potential policy changes targeting emissions reductions that could accelerate this decline.
- Technological advancements in agricultural practices, as agriculture is a key source of these emissions.
- Further commitments from Canada regarding international climate agreements.