Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Rebecca Zisser/Axios

The oil industry and a big utility fended off three ballot initiatives that would have been bad for their businesses after pouring millions of dollars into separate efforts across a trio of Western states.

Why it matters: The industry wins are stark examples of how money-fueled negative messaging can persuade voters. It also shows how fights over energy policy have moved to the states as the issue remains mostly off the table in Washington.

The details:

  • Colorado’s proposal would have essentially banned new drilling in many parts of the state after roughly tripling the required distance between buildings and drilling to 2,500 feet, per The Denver Post.
  • Washington’s proposal would have imposed a carbon fee on large emitters to then fund a range of clean-energy initiatives, per The Seattle Times.
  • In Arizona, the proposal would have increased the state’s requirement for renewable-energy electricity to 50% by 2030, up from the current 15% goal by 2025, per local news outlet KGUN.

By the numbers: Collectively, incumbent energy companies spent nearly $100 million fighting the proposals.

  • Oil companies including Anadarko and Noble Energy, which have big footprints in Colorado, spent $30 million there.
  • BP and Chevron were among the big funders making that fight the most expensive one in Washington history.
  • Arizona’s biggest utility, Arizona Public Service, put $30 million into fighting the expansion of renewable electricity in that state, per The Washington Post.

At least two big energy-related ballot initiatives did pass though.

  • A ballot initiative in Nevada that increased its renewable-electricity requirement, which did not face much opposition, passed, per local outlet KTNV.
  • A ballot measure in Florida that bans offshore drilling in state waters passed, per Florida Today.

What’s next: The Washington and Colorado fights were largely seen as bellwethers for whether other states could pass similar policies, so losses there are a blow to any momentum.

  • This was Washington’s second time attempting to pass by ballot a price on carbon emissions. Voters also rejected the measure two years ago, and that was without much oil-industry opposition. Washington’s Democratic governor, Jay Inslee, told me earlier this summer he plans to keep trying at the state legislature.
  • The fight over fracking in Colorado has been going on for years, so don’t expect this tension to go away either. Newly elected Democratic Gov. Jared Polis had been a vocal opponent of drilling close to homes, so expect activists to take their cause directly to him. Though it's worth nothing that he did oppose the ballot measure, showing the industry’s influence in the state.

Go deeper:

Go deeper

31 mins ago - Technology

Facebook Oversight Board overturns 4 of its 5 first cases

Illustration: Aïda Amer/Axios

Facebook's independent Oversight Board published its first set of decisions Thursday, overturning 4 of the 5 cases it chose to review out of 20,000 cases submitted.

Why it matters: The decision to go against Facebook's conclusions in 4 out of 5 instances gives legitimacy to the Board, which is funded via a $130 million grant from Facebook.

New York AG: State severely undercounted COVID nursing home deaths

Gov. Andrew Cuomo. Photo: Lev Radin/Pacific Press/LightRocket via Getty Images

Data from New York's public health department undercounted COVID-19-related deaths in nursing homes by as much as 50%, according to a report released Thursday by state Attorney General Letitia James.

The big picture: Gov. Andrew Cuomo's administration did not include nursing home patients who died after being transferred to the hospital in its tally of over 8,500 nursing home deaths, according to the report. Data provided to the attorney general's office from 62 nursing homes "shows a significantly higher number of resident COVID-19 deaths can be identified than is reflected" in the official count.

Trading platforms curb trading on high-flying Reddit stocks

Major trading platforms including Robinhood, TDAmeritrade and Interactive Brokers are restricting — or cutting off entirely — trading on high-flying stocks like GameStop and AMC Entertainment.

Why it matters: It limits access to the traders that have contributed to the wild Reddit-driven activity of the past few days — a phenomenon that has gripped Wall Street and the country.