Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 Airports Producing the Most Emissions

Page 1 of 5

In this article, we will look at the 20 Airports Producing the Most Emissions.

Global Aviation Pollution

Emissions from aviation accounted for 2% of global energy related carbon dioxide emissions in 2022. Air travel considerably affects the environment by releasing fumes and fuel gases into the air, polluting the environment and adding more greenhouse gases to the atmosphere. Over 99.9% of flights are powered by fossil fuels, which adds more than a billion tonnes of carbon dioxide emissions every year. The emissions due to air travel are expected to surpass pre-pandemic levels by 2025, after its downward trend in 2020 majorly due to the pandemic. Deteriorating air quality is another impact of fossil fuel-based airlines, which leads to increased levels of pollutants in the environment including sulfur oxides, nitrogen oxides, and particulate matter. These pollutants can cause heart diseases, respiratory illnesses, and even cancer. According to a study by the Health Effects Institute, air pollution was the fourth biggest risk factor for human health, leading to 213 million lost life years. Moreover, Aviation-related PM2.5 and ozone cause 16,000 premature deaths every year.

The trade body of the aviation industry, the International Air Transport Association (IATA) estimates the air passenger growth to surge by 4.2% on average every year from 2023 to 2040. Air cargo demand is also projected to grow by 4.5% in 2024, which will eventually increase aviation pollution. According to the data by Airport Tracker, the 20 most carbon-polluting airports in the world are responsible for 25% of the total carbon dioxide emission from all the 1,300 airports analyzed. The top 20 most emissions-producing airports emitted 231 million tonnes of CO2 (MtCO2) emissions in 2019. Asia-Pacific, North America, and Europe were the dominant regions where the majority of the top 100 most polluting airports were located.

It took the global aviation industry two decades, multiple international agreements, and warnings from scientific bodies to finally recognize the contribution of the industry to climate change. In 2022, it set the ambitious target of reaching net-zero emissions by 2050. However, this target is heavily dependent on technologies that are still under development. In addition, there are various concerns regarding the feasibility, cost, and practicality of these solutions. The industry needs to accelerate its decarbonization efforts to truly offset its impact. In November 2023, a meeting of over 100 countries agreed to an interim goal of reducing emissions from the global aviation industry by 2030, utilizing less polluting fuel. Countries including China and Russia presented their concerns about the impact of this on their economies. However, after five days of UN-led talks, a target of 5% lower carbon emissions by using cleaner energy sources such as sustainable aviation fuel (SAF) was set. 

Acknowledging the severity of the matter, the European Union has also adopted a proactive stance requiring EU airports to supply a fuel mix that contains a minimum of 2% sustainable aviation fuel beginning in 2025. This target will rise in the coming years, reaching 6% by 2030, 20% by 2035, and 70% by 2050. In light of the new mandate, the German passenger airline Lufthansa is increasing its fares by 72 euros as an environmental charge. These charges will apply to all flights departing from EU countries, Switzerland, Britain, and Norway. These charges will partially support the inclusion of sustainable aviation fuel.

Sustainable aviation fuels (SAF) are a promising solution to curb the emissions generated by the aviation sector. However, there are several challenges that come with it. Firstly, the current SAF produced only meets 0.1% of fuel consumption, however, the required demand is 400 billion liters by 2050 which is a huge increase. Other solutions like hydrogen and electric airplanes are currently limited to short flights. But on the bright side, the US Energy Information Administration (EIA) reported a considerable surge in SAF production capacity in the US in 2024. The EIA expects the SAF production to increase 14-fold after all announced capacity additions become operational by the end of this year. As a broad trend, biofuel production is expected to rise by nearly 50%.

This Airline Company is Leading the Charge of Sustainable Flights

United Airlines Holdings, Inc. (NASDAQ:UAL) operates passenger and freight flights, both regionally and internationally. It has emerged as a leader in the adoption of sustainable aviation fuel. Its sustainability journey began in 2009 when it initially tested SAF, making it the first airline in the United States to explore the fuel which is estimated to reduce aviation emissions by a staggering 85%. The company further demonstrated its commitment by becoming the first US airline to incorporate SAF in its regular flights in 2016. Its growth in sustainability was only growing with its early investment in a SAF production company, Fulcrum BioEnergy. In 2021, United Airlines Holdings, Inc. (NASDAQ:UAL) made history in the country with their first 100% SAF flight in 2021. The company is committed to reducing its carbon intensity by 50% from 2019 to 2035 and reaching carbon neutrality by 2050. 

Over the past years, United Airlines Holdings, Inc. (NASDAQ:UAL) has increased its investment in environment-friendly aviation practices. Emerging as a frontrunner in the aviation industry, the company established the first-ever sustainable flight fund in February 2023, to leverage support across cross-industry businesses to support investments in SAF research, technology, and production. The fund has grown to include 22 major businesses across various sectors with the total investment reaching over $200 million. To date, United Airlines Holdings, Inc. (NASDAQ:UAL) has secured the future production of more than 5 billion gallons of SAF, far ahead of other airlines. The early investments by the company could potentially translate to lower fuel costs in the future.

With the increasing government subsidies for SAF, United Airlines Holdings, Inc. (NASDAQ:UAL) will benefit greatly as a leader in the industry. The strategic early-on sustainable approach by the company positions it apart from its competitors. With the US EIA’s estimation of a staggering 1400% increase in SAF production in 2024, United Airlines Holdings, Inc. (NASDAQ:UAL) will be able to leverage its forward-thinking approach and its competitive edge to achieve potential cost savings when environmental regulations become more stringent.

United Airlines Holdings, Inc. (NASDAQ:UAL) recorded a strong 2023 and became the largest airline by passenger capacity, flying 73.7 billion available seat miles. The company also logged a high profit margin, with its passenger revenue per available seat mile reaching $16.84, with an operating cost per unit excluding fuel of $12.03, leading to a profit margin of $4.81 per unit, compared to American Airlines which recorded $4.32 per unit in 2023. UAL is quite popular among elite investors, with 46 hedge fund managers holding long positions worth $1.49 billion in the stock, as of Q1 2024. UAL is trading 5 times its earnings, a 74% discount compared to its industry median price and an 88% discount to its 5-year average. Over the past 6 months, the stock has returned nearly 25% to its investors, and analysts’ average price target points to a further 42% upside from current levels. You can also check out the 10 Best Airline Stocks to Buy for 2024.

Let’s now look at the 20 airports producing the most emissions.

An aerial view of a cargo plane taking off from a commercial airport, reflecting the company’s overnight air cargo services.

Methodology

To compile our list of the 20 airports producing the most emissions, we consulted the Airport Tracker 2024, which is a joint project by the International Council on Clean Transportation (ICCT), ODI, and Transport and Environment (T&E). It tracks emissions and air pollution information for the 1,300 largest airports, covering 99% of the global airline passenger traffic. We have used the most recent total carbon emissions data available and ranked the 20 airports that produce the most emissions in ascending order of our metric.

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

20 Airports Producing the Most Emissions

20. Istanbul Airport

Total Carbon Emissions (2019): 8.4 Million Tonnes of CO2

Istanbul Airport is ranked among the airports producing the most emissions. In 2019, the airport produced 8.4 million tonnes of carbon dioxide, of which passenger flights accounted for 85% while freight represented 15%.

19. Sydney Kingsford Smith Airport

Total Carbon Emissions (2019): 8.5 Million Tonnes of CO2

Sydney Kingsford Smith Airport is the busiest airport, located in Mascot, Sydney. In May 2021, the airport announced its commitment to achieve net zero emissions under its operational control by 2030. In 2019, the airport produced 8.5 million tonnes of CO2. 

18. Atlanta Hartsfield-Jackson Airport

Total Carbon Emissions (2019): 9.7 Million Tonnes of CO2

Atlanta Hartsfield–Jackson Atlanta International Airport is the key international airport in Atlanta and its surrounding metropolitan area. The airport generated 9.7 million tonnes of carbon dioxide in 2019.

17. Bangkok Suvarnabhumi Airport

Total Carbon Emissions (2019): 10.1 Million Tonnes of CO2

Bangkok Suvarnabhumi Airport is one of the biggest airports the primary international airport in the capital of Thailand. In 2019, the airport generated 10.1 million tonnes of CO2. It is ranked 17th on our list of the airports producing the most emissions.

16. Amsterdam Schiphol Airport

Total Carbon Emissions (2019): 10.6 Million Tonnes of CO2

Amsterdam Schiphol Airport is the main international airport in the Netherlands, located southwest of Amsterdam. In 2019, the airport produced 10.6 million tonnes of carbon dioxide. 

15. Tokyo Narita Airport

Total Carbon Emissions (2019): 10.8 Million Tonnes of CO2

Tokyo Narita International Airport is ranked 15th on our list of the airports producing the most emissions. The airport generated 10.8 million tonnes of CO2, of which passenger flights represented 72% and freight flights accounted for 28%.

14. Doha Hamad Airport

Total Carbon Emissions (2019): 10.9 Million Tonnes of CO2

Doha Hamad Airport produced 10.9 million tonnes of carbon dioxide in 2019. It is an International Airport located in Doha, Qatar. It is the home base of Qatar’s flag carrier airline, Qatar Airways. Hamad Airport is ranked 14th on our list.

13. San Francisco Airport

Total Carbon Emissions (2019): 11.1 Million Tonnes of CO2

San Francisco International Airport is the key international airport in California State. It is the largest airport in the San Francisco Bay Area. It emitted 11.1 million tonnes of carbon dioxide in 2019.

12. Chicago O’Hare Airport

Total Carbon Emissions (2019): 11.2 Million Tonnes of CO2

Chicago O’Hare International Airport is a prime international airport serving Chicago, Illinois. The airport produced 11.2 MtCO2 of total carbon emissions in 2019. 

11. Beijing Capital Airport

Total Carbon Emissions (2019): 13.1 Million Tonnes of CO2

Beijing Capital International Airport is one of the two international airports serving the capital of China, Beijing. In 2019, the airport released 13.1 million tonnes of CO2 into the environment.

10. Singapore Chang Airport

Total Carbon Emissions (2019): 13.5 Million Tonnes of CO2

Singapore Chang Airport is one of the biggest airports in Asia, with more than 100 airlines operating there. It is ranked 10th on our list of the airports producing the most emissions.

9. Shanghai Pudong Airport

Total Carbon Emissions (2019): 13.8 Million Tonnes of CO2

Shanghai Pudong International Airport is the primary airport in Shanghai, China. In 2019, it generated 12.8 million tonnes of carbon emissions, of which 67% were from passenger flights and 33% from freight flights. It is one of the top airports that produce the most emissions.

8. Frankfurt Airport

Total Carbon Emissions (2019): 13.9 Million Tonnes of CO2

Frankfurt Airport is the key international airport in the country by the number of passengers. In 2019, it released 13.9 million tonnes of carbon emissions into the environment. It is ranked 8th on our list of the airports producing the most emissions

7. Paris Charles de Gaulle Airport

Total Carbon Emissions (2019): 14.2 Million Tonnes of CO2

Paris Charles de Gaulle Airport is the main international airport in Paris, France. It is also commonly known as Roissy Airport or Paris CDG. In 2019, the airport generated 14.2 MtCO2.

6. Seoul Incheon Airport

Total Carbon Emissions (2019): 14.4 Million Tonnes of CO2

Seoul Incheon Airport is the primary airport in the capital of South Korea. It is the main hub for Korean Air, Asiana Airlines, Jeju Air, and Polar Air Cargo. In 2019, it produced 11.4 million tonnes of carbon emissions.

5. New York John F. Kennedy Airport

Total Carbon Emissions (2019): 14.7 Million Tonnes of CO2

John F. Kennedy International Airport is one of the airports that produce the most emissions. In 2019, it generated 14.7 million tonnes of carbon dioxide. It serves New York City and its metropolitan area. It is a hub for American Airlines, Delta Airlines, and JetBlue.

Page 1 of 5

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

This is the #1 Gold Stock for your 2025 watch list

Brace yourself.

There’s no question that thanks to Washington’s disastrous policies – and out-of-control spending – the outlook for the U.S. economy now appears dire.

And with the U.S. national debt now rising by a staggering $1 trillion every 100 days…there are no easy solutions to help get the nation back on track.

While Jay Powell and the Biden-Harris White House sweat out a federal debt that has reached $35.5 trillion – and climbing – many investors have raced to the sidelines with their cash.

But the truly savvy investors laugh while Jay Powell frets, because they understand that this ridiculous spending has also triggered a nearly unprecedented bull market for gold.

Just look at this chart for the yellow metal.

After testing the $2,000/ounce mark in August 2020 and February 2022, gold traded down to near $1,600/ounce in October 2022.

Since then, gold prices have been on an absolute tear and currently sit above $2,600/ounce, a $1,000/oz increase in just two short years.

But the surge in gold prices that we’ve seen over the past few years could pale in comparison to what’s on the horizon. As shocking as it may sound, with no end in sight for the Fed’s money printing, we could see the price of gold increase by many multiples in the years ahead.

With soaring inflation, the dollar stands to lose more and more of its value, which means you’ll need a lot more dollars to buy gold.

According to legendary investor Peter Schiff, today’s seemingly-high gold price of $2,600/oz. “could soar to $26,000/oz. — or even $100,000/oz. There’s no limit because gold isn’t changing — it’s the value of the dollar that’s decreasing.”[i]

Meanwhile, as profitable as gold has been, select gold mining stocks have really kicked into high gear, handing investors even bigger profits.

Click to continue reading…