At a meeting of international airlines in Cape Town earlier this week, the industry agreed to cut its carbon emissions by 2020 in an effort to avoid a global patchwork quilt of carbon taxes. The specific numbers behind the agreement will be hammered out at another meeting in September, but this move really brings home how significant it is for airlines to start cutting carbon. In this video, Fool.com contributor Aimee Duffy talks about the different strategies airlines are slowly bringing to fruition to lower emissions.
With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery" outlines three companies that could take off when the global economy gains steam. Click here to read the full report!