Canada's 2023 Emissions Drop by 1%, But Oil and Gas Sector Undermines Progress
A new report reveals that while Canada made a modest emissions reduction, the oil and gas sector's increased emissions pose a significant challenge to meeting 2030 climate targets.
- Canada's overall emissions decreased by about 1% in 2023 compared to 2022, marking an 8% reduction since 2005.
- The oil and gas sector saw a 1% increase in emissions from 2022, now accounting for 31% of the national total.
- The electricity sector achieved a 6.2% year-over-year reduction in emissions, thanks to policies like industrial carbon pricing and coal phaseouts.
- Transport sector emissions rose by 1.6%, driven by a rebound in domestic aviation.
- Experts stress the need for accelerated policy development and stronger measures to decouple emissions from economic growth to meet the 2030 targets.