The forecast for Canada's greenhouse gas emissions, excluding land use, land-use change, and forestry, shows a consistent downward trend from 2024 to 2028. Starting from 648.34 trillion grams of CO2 equivalent in 2024, emissions are expected to decrease each year, reaching 619.4 trillion grams by 2028. This represents a continuous yearly decline as Canada seemingly intensifies its efforts to reduce emissions.
Key points to consider:
- The year-on-year reduction is notably steady, signaling effective policies or practices in place driving these changes.
- In 2023, the emissions stood higher than the forecasts starting from 2024, underscoring a clear commitment to positive change.
- Over the five-year period, the compound annual growth rate (CAGR) indicates a consistent average reduction, reflecting sustained progress towards emissions targets.
Future trends to watch include technological advancements in energy efficiency and greater adoption of renewable energy sources. Continued policy support and global collaboration will be crucial to maintaining and accelerating this downward emissions trajectory.
