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 the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

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!

Want a daily digest of the top Denver news?

Get a daily digest of 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!

Want a daily digest of the top Des Moines news?

Get a daily digest of 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!

Want a daily digest of the top Twin Cities news?

Get a daily digest of 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!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of 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!

Want a daily digest of the top Charlotte news?

Get a daily digest of 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!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

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: Sarah Grillo/Axios

Amazon Web Services (AWS) launched a "clean energy accelerator" this morning to help advance startups with climate-friendly technologies.

Why it matters: It's the latest step in the tech sector's expanding climate work, even as the industry remains under pressure from activists over its work with oil-and-gas clients.

How it works: Amazon plans to select 10 startups for a five-week program to provide help in areas like training, marketing, business pilot opportunities and more.

  • The applicants will have access to AWS computing, machine learning, analytics and other services.
  • The program also offers "collaboration opportunities with AWS energy customers," it said.
  • They're looking for startups working in energy storage, carbon capture, hydrogen, smart grids and other technologies.
  • AWS is working in conjunction with the firm Freshwater Advisors, which helps connect startups with large corporations.

Catch up fast: In late 2019, Amazon vowed to become net-zero emissions by 2040 and has recruited other companies to join its "climate pledge."

  • Its overall climate efforts include a big contract with the electric vehicle startup Rivian for electric delivery vans; renewable power procurement; and venture investing.

What they're saying: Amazon, in announcing the accelerator, called it part of the path toward meeting the 2040 pledge.

  • "This commitment will require innovation from large scale, established organizations to startups across the energy industry," said AWS vice president of energy Shane Owenby.

Go deeper: Amazon smashes Q1 2021 results

Go deeper

Amazon's palm-print collection stirs Senate qualms

Illustration: Sarah Grillo/Axios

A bipartisan group of senators wants to know how Amazon is protecting data privacy and security as it promotes a new palm-print recognition system that will allow consumers to pay for in-store purchases with a wave of the hands.

Why it matters: Amazon's move into biometrics opens up the tech giant to additional Washington scrutiny on a new front.

Bill Gates pledges $1.5B for climate projects with Energy Department

Photo: K Asif/India Today Group via Getty Images

Bill Gates has pledged $1.5 billion to climate collaborations with the Department of Energy (DOE) through his climate investment fund Breakthrough Energy Catalyst, the Wall Street Journal reports.

The backdrop: Global warming is happening so fast that scientists now say we'll cross a crucial temperature threshold as early as 2030, up to a decade sooner than previously thought. The projects would depend on passage of President Biden's $1.2 trillion bipartisan infrastructure bill, which currently awaits a House vote.

Green hydrogen costs could reach parity in a decade, report finds

Illustration: Aïda Amer/Axios

Hydrogen is increasingly being viewed as a potential energy storage solution for difficult-to-decarbonize sectors of the economy, including heavy-duty transportation and industrial uses.

Driving the news: A new analysis by the ICF Climate Center, shared exclusively with Axios, shows that the cost of zero-carbon, green hydrogen could reach parity with more greenhouse-gas intensive ways of making the gas in as little as the next decade.