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Data: Wood Mackenzie; Map: Danielle Alberti/Axios

We've written plenty about the big institutional and political headwinds facing Biden's agenda, so here's one of the tailwinds: falling prices for zero-carbon power tech.

Driving the news: A new analysis looking at one of them finds that utility-scale solar is already the cheapest form of new power generation in 16 states.

  • It's heading for that status nationwide by the late 2020s, the analysis from the consultancy Wood Mackenzie finds. "Faster technological advancement could even speed up the process," it concludes.
  • "[S]olar’s rapid ascent as the cheapest form of power generation comes at a time when federal support for solar capacity in the form of investment tax credits is winding down," it notes.

Why it matters: The report isn't about Biden's platform or U.S. politics. But it's worth noting that one of his more aggressive and challenging goals is 100% carbon-free power generation in the U.S. by 2035.

The big picture: Wood Mackenzie sees solar becoming the lowest-cost form of new generation in China, Canada and 14 other nations by 2030. Overall, it sees solar costs falling another 15%-25% over the next decade.

The intrigue: The report's cost decline estimates may be conservative. That estimate is "based solely on the technological improvements already in the early to mid-stage commercial pipeline and taking into account the likely phaseout of subsidies."

Go deeper

Young people want checks on Big Tech's power

Data: Generation Lab; Chart: Sara Wise/Axios

The next generation of college-educated Americans thinks social media companies have too much power and influence on politics and need more government regulation, according to a new survey by Generation Lab for Axios.

Why it matters: The findings follow an election dominated by rampant disinformation about voting fraud on social media; companies' fraught efforts to stifle purveyors of disinformation including former President Trump; and a deadly Jan. 6 insurrection over the election organized largely online.

Updated 1 min ago - Sports

MLB headed for first lockout since '95 as deal expires

Baseball Commissioner Rob Manfred (L) and Major League Baseball Players Association executive director Tony Clark. Photo: Matt King/MLB via Getty Images

Major League Baseball's collective bargaining agreement expired at 11:59 p.m. ET Wednesday without a new deal in place.

Why it matters: With no CBA, the MLB is headed for the first management lockout since a 1994-95 strike led to the cancelation of the World Series for the first time in 90 years.

Media giants back Bannon's bid to release Jan. 6 documents

Former Trump adviser Steve Bannon at the FBI Washington Field Office in Washington, DC., in November. Photo: Win McNamee/Getty Images

A coalition of news outlets including the Washington Post is supporting Stephen Bannon's campaign for the release of documents related to his contempt of Congress charges, WashPost confirmed Wednesday.

Why it matters: WashPost, the New York Times, CNN, NBC, the Wall Street Journal's parent company and others filed a motion arguing that a proposed protective order seeking to prevent the documents from being released violates the First Amendment, per the Daily Mail, which first reported on the news.