In 2023, New Zealand led global fossil fuel support with significant backing, followed by Japan and Lithuania, the latter showing strong growth. Mexico displayed the most substantial year-over-year increase, reflecting evolving energy policies. Contrastingly, Argentina, Spain, Costa Rica, and Switzerland experienced declines, indicating transitions to potentially lower-emission energy sources. The UK marked a notable surge, which could be attributed to strategic energy shifts or policy adjustments. While China's support remains modest, it saw a considerable increase, possibly hinting at shifting energy dynamics in the region.
Future trends to watch include potentially increasing support in developing nations as they balance energy access with sustainable practices, alongside observed reductions in fossil fuel-rich countries transitioning towards renewables. Moreover, Japan and South Korea, with their advanced energy market strategies, could pioneer reduced dependence trends, emphasizing technological innovations for clean energy integrations.
Top countries in Fossil Fuel General Services Support by Country
| # | 10 Countries | Percent of Fossil Fuel Support | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 99.02 | 2023 | +0.79% | +2.6% | View data |
| 2 | 2 Japan | 58.85 | 2023 | -2.14% | -1.47% | View data |
| 3 | 3 Lithuania | 53.67 | 2023 | +26.67% | +8.16% | View data |
| 4 | 4 Mexico | 44.24 | 2023 | +19.21% | +81.28% | View data |
| 5 | 5 Greece | 29.84 | 2023 | +4.45% | +2.79% | View data |
| 6 | 6 Sweden | 20.67 | 2023 | +8.9% | +4.53% | View data |
| 7 | 7 Norway | 19.77 | 2023 | -0.15% | +0.44% | View data |
| 8 | 8 South Africa | 17.95 | 2023 | +1.24% | +10.61% | View data |
| 9 | 9 Colombia | 15.47 | 2023 | -0.51% | +8.41% | View data |
| 10 | 10 Spain | 14.77 | 2023 | -0.74% | -0.64% | View data |
