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!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

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!

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!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!
Reproduced from Rhodium Group; Note: OECD tally includes all European Union member states; Chart: Axios Visuals

The distribution of global greenhouse gas emissions has reached an inflection point: China's emissions exceeded developed nations combined in 2019, a new Rhodium Group analysis concludes.

Why it matters: "The shifting dynamics of global emissions — with China surpassing the developed world for the first time — means that meeting the Paris goals will require significant and rapid action from all countries," Kate Larsen, a director at Rhodium, tells Axios.

The big picture: Rhodium compared China's emissions to nations in the multilateral Organisation for Economic Co-operation and Development as of 2019 and all 27 EU members. The chart above shows totals.

  • The analysis also showed that on a per-capita basis, China's 2019 emissions were close to the OECD average. The firm expects that the final 2020 data will show China's per-capita emissions exceeded the OECD average.
  • Rhodium's Larsen notes China's per-capita rise stems from higher living standards, China's relatively fossil-intensive power mix and its export-focused manufacturing.

What we're watching: The steps China takes — or doesn't — in coming years to breathe life into its pledge to have its emissions peak before 2030 and reach carbon neutrality by 2060.

By the numbers: China's emissions are over a quarter of the world's total. Their per-capita emissions were over 10 tons of CO2-equivalent in 2019, but that's still far below the world-leading U.S. at 17.6 tons, per Rhodium.

Reproduced from Rhodium Group; Note: OECD tally includes all European Union member states; Chart: Axios Visuals

Yes, but: China's emissions look very different when measured on a historical basis.

Why it matters: It helps explain why nations that industrialized first bear such responsibility for tackling warming, even as emissions growth is centered in the Asia-Pacific.

The big picture: "A large share of the CO2 emitted into the atmosphere each year hangs around for hundreds of years. As a result, current global warming is the result of emissions from both the recent and more distant past," Rhodium notes.

Go deeper

EIA report: Carbon emissions expected to increase in 2021

Reproduced from EIA; Chart: Axios Visuals

Coal consumption for electricity generation is expected to increase by 17% this year due to higher natural gas prices that are temporarily making coal more cost-competitive, according to the latest Short Term Energy Outlook released by the Energy Information Administration Tuesday.

Why it matters: Coal is the most carbon-intensive fuel, so any uptick in its use, even temporarily, can have a significant influence on carbon emissions.

CCP releases two jailed Canadians after Huawei CFO deal with DOJ

Photo: Sheldon Cooper/SOPA Images/LightRocket via Getty Images

Two Canadians imprisoned by the Chinese government for over 1,000 days have been released and are expected to arrive in Canada on Saturday, Prime Minister Justin Trudeau said Friday.

Why it matters: Their release comes hours after Huawei Technologies CFO Meng Wanzhou reached a deal with the U.S. Department of Justice that resolves the criminal charges against her and could pave the way for her to return to China.

Updated 6 hours ago - Politics & Policy

Arizona GOP's private recount of 2020 election confirms Biden's win

Contractors working on behalf of the GOP examine and recount 2020 ballots at Arizona Veterans Memorial Coliseum in Phoenix in May. Photo: Courtney Pedroza/Getty Images

In an odd coda to the 2020 election, private contractors conducting a GOP-commissioned recount in Arizona confirmed President Biden’s win in Maricopa County.

Why it matters: The unofficial, party-driven recount has been heavily covered on cable news as part of former President Trump's continued effort to sow doubt about the election result.