JetBlue is tackling the high environmental impact of flying by aiming to become carbon neutral on all domestic flights by July 2020, according to a press release Monday.

The New York-based airline said this will entail offsetting between 15 billion and 17 billion additional pounds of emissions per year, which the company noted is "the annual equivalent of removing more than 1.5 million passenger vehicles from the road."

The airline will offset the carbon impact of its jet fuel by investing in projects focused on forest conservation and landfill gas capture, as well as in solar and wind power generation initiatives.

The company also said that it will begin using sustainable aviation fuel this year, purchased from Finland-based Neste, on flights from San Francisco International Airport.

The plan is an extension of initiatives already in place, which have seen JetBlue purchase more than 2.6 billion pounds of carbon dioxide offsets since 2008, according to the company's website.