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.
Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. For more energy information, follow them on Twitter, @TMFDuffy and @TylerCroweFool.
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