Matrix acidizing is a technique that is widely used in the petroleum industry to remove scales and create channels in the rock. Removal of scales and creation of channels (wormhole) enhance productivity. Conventional acidizing fluids, such as hydrochloric acid (HCl) for carbonate and a mixture of hydrofluoric acid (HF) and HCl acid, are used for the matrix acidizing process. However, these fluids have some drawbacks, including strong acid strength, corrosion at high temperatures, and quick reactions with scale and particles. Emulsified acid systems (EASs) are used to address these drawbacks. EASs can create deeper and narrower wormholes by reducing the reaction rate of the acid due to the external oil phase. However, EASs have a much higher viscosity compared to conventional acidizing fluids. The high viscosity of EASs leads to a high drag that restricts pumping rates and consumes energy. This study aims to utilize environmentally friendly and widely available nanomaterials as drag-reducing agents (DRAs) of the EAS. The nanomaterials used in this study are carbon nanodots (CNDs). CNDs have unique properties and are used in diverse applications in different industries. The size of these CNDs is usually smaller than 10 nm. CNDs are characterized by their biocompatibility and chemical stability. This study investigates the use of CNDs as DRAs for EAS. Several experiments have been conducted to investigate the CNDs as a DRA for the EAS. The developed EAS was initially tested for conductivity and drop-test analysis to ensure the formation of an inverted emulsion. Thereafter, the thermal stability for the range of temperatures and the rheological properties of the EAS were evaluated to meet the criteria of field operation. Then flow experiments with EASs were conducted before and after adding the CNDs to investigate the efficacy of drag reduction of EASs. The results revealed that CNDs can be used as viscosity reducers for the EAS, where adding the CNDs to the EAS reduces the viscosity at two different HCl concentrations (15 and 20%). It reduces the viscosity of the EAS in the presence of corrosion inhibitors as well as other additives to the EAS, showing its compatibility with the field formulation. The drag reduction was observed at the range of temperatures investigated in the study. The conductivity, stability, and rheology experiments for the sample taken after the flow experiment are consistent, ensuring CNDs work as a DRA. The developed EAS with CNDs is robust in terms of field mixing procedures and thermally stable. The CNDs can be used as a DRA with EAS, which will reduce drag in pipes, increasing pumping rates and saving energy.