The word recortaríamos is the conditional form of recortar in the first person plural.
See the full recortar conjugation

recortar

Reduciríamos las emisiones de dióxido de carbono, recortaríamos los costes de las empresas, crearíamos puestos de trabajo en aquellas empresas que economicen energía; según algunas estimaciones, podrían crearse 3, 4 millones de puestos de trabajo al año.
We would cut carbon dioxide emissions, we would cut business costs, we would create jobs in the energy-saving industries - by one estimate, some 3.4 million job years.
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