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Data: U.S. Energy Information Administration; Chart: Axios Visuals

Americans are hopping on planes more than their counterparts in Europe and the rest of the Western hemisphere, a new U.S. Energy Information Administration analysis shows.

Why it matters: Persistently subdued air travel is one of the biggest reasons analysts are increasingly expecting global oil demand to plateau below pre-pandemic levels.

By the numbers: Jet fuel consumed by U.S. commercial passenger flights as of mid-August was about 43% what was consumed at the same time a year earlier.

  • That is a higher share than in every other part of the world except China, where it’s at 60% compared to its year-earlier counterpart.

Yes, but: The future is, as they say, tough to predict. Demand for jet fuel in the U.S. slumped 18% compared to a week earlier, EIA said in other data released Wednesday.

Go deeper

Ben Geman, author of Generate
Sep 16, 2020 - Energy & Environment

The case for energy tech investment

Reproduced from Columbia's Center on Global Energy Policy; Note: The budget for FY21 is not yet finalized. Budgets for FY22-FY26 are the author's proposed funding; Chart: Axios Visuals 

A pair of new reports argue for greatly expanding American research and development into climate-friendly energy tech at a time when the political terrain for big spending increases could soon become more fertile.

Why it matters: Joe Biden is vowing a major investment push if elected and the report could influence the scope and specifics of those research, development and demonstration plans.

TikTok's content-moderation time bomb

Illustration: Aïda Amer/Axios

When the dust finally clears from the fight over TikTok, whoever winds up running the burgeoning short-video-sharing service is likely to face a world of trouble trying to manage speech on it.

Why it matters: Facebook’s story already shows us how much can go wrong when online platforms beloved by passionate young users turn into public squares.

Ben Geman, author of Generate
48 mins ago - Energy & Environment

Zooming in on China's new energy plan

Illustration: Rebecca Zisser/Axios

Major climate news arrived on Tuesday when Chinese President Xi Jinping said China would aim for "carbon neutrality" by 2060 and a CO2 emissions peak before 2030.

Why it matters: China is by far the world's largest greenhouse gas emitter. So its success or failure at reining in planet-warming gases affects everyone's future.

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