This video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and technology and media editor/analyst Andrew Tonner discuss topics across the investing world.

In today's edition, Brendan and Andrew discuss the European Union's carbon trading plan. All flights either departing or arriving in Europe would be subject to the carbon trading plan, which could hit the airlines starting in 2013. We recently saw airlines dropping their suit against the law, saying that there was such widespread opposition to the law that they could let the governments handle it. Brendan discusses how this law affects the airlines and what the chances are of it getting modified.

Airlines might find it harder to squeeze revenues out of Europe if this law is upheld, but there are three companies from different sectors whose international growth stories we're particularly bullish on. If the trend continues, investors could be looking at internationally fueled new stock highs. Uncover them in our special free report: "3 Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!