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25 Countries with the Lowest Per-Capita Carbon Emissions

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In this article, we will look into the 25 countries with the lowest per-capita carbon emissions. If you want to skip our detailed analysis, you can go directly to the 5 Countries with the Lowest Per-Capita Carbon Emissions.

A Slowdown in Carbon Emissions

According to a recent report by IEA, the growth of carbon dioxide emissions slowed down in 2023. It witnessed a slight increase of 1.1% in 2023, up by 410 million tonnes from 2022 levels. The total CO2 emissions reached 37.4  billion tonnes in 2023. In 2022, the gain was 490 million tonnes from the previous year. Clean energy technologies such as solar panels, wind turbines, nuclear power, and electric vehicles have a huge role in the slowdown of emissions. The IEA estimated that green technologies prevented a massive surge in carbon dioxide emissions. Without clean technologies, the emissions would have been 3 times higher than they were in the past five years. More than 40% of the carbon emissions from energy were a result of droughts in China, India, the US, and countries and territories that cut hydroelectric output and used conventional energy sources for utilities. Energy-related carbon emissions increased in China and India in 2023. However, advanced economies witnessed a record decline as their economies grew. The emissions in these economies declined to a 50-year low. This decline was driven by the drop in coal demand to levels not witnessed since the early 1900s. Energy carbon emissions declined by 4.1% in the US, driven by the bulk reduction of emissions from the electricity sector. You can also take a look at some of the top countries with the most carbon dioxide emissions per capita.

Clean Energy: A Step Towards Carbon Neutrality

On December 2, Reuters reported that many governments launched new initiatives to strengthen clean energy and cut down GHG emissions at the 28th Conference of Parties on Climate Change (COP 28). 118 governments committed to triple the global renewable energy capacity by 2030 at the conference, as a step toward cutting down fossil fuel share in global energy production to cut down emissions.

Some of the major companies working on clean energy systems include NextEra Energy, Inc. (NYSE:NEE), Iberdrola, S.A. (OTC:IBDRY), and Vestas Wind Systems A/S (OTC:VWDRY). Let's discuss them in detail below.

NextEra Energy, Inc. (NYSE:NEE) is a leading clean energy company, specializing in solar and wind energy. The company has a net capacity of nearly 59,500 MW. Its carbon dioxide emissions rate is 53% below the national level. The Fortune 200 company has business in the US and Canada. It bolsters clean energy transition through innovation and infrastructure investments. On February 8, the power utility subsidiary of  NextEra Energy, Inc. (NYSE:NEE), Florida Power & Light Company (FPL) announced that it had completed its first-ever clean hydrogen pilot project called the Cavendish NextGen Hydrogen Hub in Florida. The new project will produce clean hydrogen by utilizing solar power. The produced clean hydrogen will be blended with natural gas to investigate its potential application, as an affordable and clean energy source. This signifies the company's efforts to provide innovative clean energy solutions to support carbon neutrality.