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Expand chart
Data: Rhodium Group; Chart: Axios Visuals

Automotive emissions standards — essentially a proxy for mileage improvements — would rise under an agreement with California by four big automakers, according to an analysis from The Rhodium Group.

What they found: Under the California deal, the group estimates "that fleetwide average rises to 39 to 41 mpg in 2025, and 42 to 45 mpg by 2030." That would be less than Obama-era standards but still higher than under Trump's plan to freeze mileage rules.

  • The analysis assumes that Ford, Honda, BMW and VW — which together represent about a third of the U.S. market — sell cars nationwide that comply with the California deal.

By the numbers: It estimates that the California deal "could reduce emissions by 184 to 266 million metric tons (MMTs) cumulatively from 2021 to 2035 relative to Trump's pending rollback."

  • If all automakers active in U.S. markets signed on, "cumulative reductions would jump to 557 to 807 MMT over the same timeframe."
  • That would be "on par" with the effects of the Obama-era standards.

Go deeper: Trump gets personal in auto emissions fight

Go deeper

Trump bump: NYT and WaPo digital subscriptions tripled since 2016

Data: Axios reporting and public filings; Chart: Axios Visuals

The New York Times and The Washington Post have very different strategies for building the subscription news company of the future.

The big picture: Sources tell Axios that the Post is nearing 3 million digital subscribers, a 50% year-over-year growth in subscriptions and more than 3x the number of digital-only subscribers it had in 2016. The New York Times now has more than 6 million digital-only subscribers, nearly 3x its number from 2016.

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

Biden's emerging climate orbit

Photo illustration: Aïda Amer/Axios. Photo: Win McNamee/Getty Images

As of Tuesday morning, we know a lot more about President-elect Joe Biden climate personnel orbit, even as picks for agencies like EPA and DOE are outstanding, so here are a few early conclusions.

Why it matters: They're the highest-level names yet announced who will have a role in what Biden is promising will be a far-reaching climate and energy agenda.

Janet Yellen is back

Photo illustration: Sarah Grillo/Axios. Photo: Hannelore Foerster/Getty Images

A face familiar to Wall Street is back as a central player that this time will need to steer the country out of a deep economic crisis.

Driving the news: President-elect Joe Biden is preparing to nominate former Fed chair Janet Yellen to be Treasury secretary.