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Illustration: Eniola Odetunde/Axios

CEO Climate Dialogue, a two-year-old group that includes execs from giant energy and industrial companies, has brought on lobbying powerhouse Forbes-Tate.

Why it matters: The newly public filing highlights the increased K Street activity around pricing since President Biden's win opened the door for new climate legislation.

The group's members include Shell, BP, Ford, Dow, BASF, PG&E, Dominion Energy, Unilever and other big companies, as well as several environmental groups.

What they're saying: Forbes-Tate, in response to a query about working with the CEO Climate Dialogue, said the relationship began early this year and that the group sees 2021 as a "pivotal year for climate action."

  • "The CEO Climate Dialogue is uniquely positioned to advocate for an economy wide market-based carbon price and policies in line with their Guiding Principles that are needed to achieve net-zero emissions across the economy by 2050," it said.

But, but, but: Advocates of carbon taxes or permit trading systems face a steep uphill climb — pricing has lost cachet as a policy tool among Democrats while there's very widespread GOP opposition.

The White House climate proposal last week does not include pricing among its policy goals.

Go deeper

Column / Harder Line

In uneven economic recovery, climate action risks leaving some behind

Illustration: Aïda Amer/Axios

A year ago, almost all of us were grappling with the unknowns of the pandemic. Today, some of us are doing just fine, while others are still reeling.

Why it matters: This split-screen economy, called a K-shaped recovery, highlights the risk facing politicians, including President Biden, as they rally around bold climate action. If new climate laws aren’t inclusive of those less well off in America and around the world, they risk exacerbating inequality.

The Fed takes on climate and race

Photo illustration: Aïda Amer. Photos: Robert Gauthier (Los Angeles Times), Stephen Maturen/Getty Images

Historically untouchable issues — like climate change and race — are now on the table for the Federal Reserve, as it wades further into uncharted territory.

Why it matters: The about-face has implications for how one of the world’s most influential economic bodies steers policy and regulates the nation's banks.

Home confinees face imminent return to prison

Illustration: Aïda Amer/Axios

Thousands of prisoners who've been in home confinement for as long as a year because of the pandemic face returning to prison when it's over — unless President Biden rescinds a last-minute Trump Justice Department memo.

Why it matters: Most prisoners were told they would not have to come back as they were released early with ankle bracelets. Now, their lives are on hold while they wait to see whether or when they may be forced back behind bars. Advocates say about 4,500 people are affected.

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