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!

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!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Rebecca Zisser/Axios

A bipartisan House duo is floating a new plan that's both a throwback idea and a sign of today's climate politics.

Driving the news: Rep. David McKinley (R-W.Va.) and Rep. Kurt Schrader (D-Ore.) want to require utilities to greatly cut carbon emissions by mid-century.

  • They laid out the broad strokes of their planned bill in a USA Today op-ed Thursday and through information circulated to reporters.

How it works: It would create a "clean energy standard" requiring an 80% cut in power sector emissions by 2050 while providing the industry all kinds of leeway to determine how to get there.

  • The mandate would not begin for up to 10 years, to be preceded by "public and private investments in clean energy innovation and infrastructure development."
  • It would also inoculate the industry from Clean Air Act carbon emissions regulations during the 10-year ramp-up.

Why it matters: The plan says a lot about the state of climate politics. It signals the GOP shift away from rejecting or at least challenging consensus climate science.

  • McKinley was in that camp years ago but the new op-ed calls climate change the "greatest environmental and energy challenge of our time."

The big picture: It's far less aggressive than what senior Capitol Hill Democrats and the party's White House hopefuls are promoting.

  • "The plan is modest, compared to other Democratic proposals aiming to reach net-zero emissions by midcentury across the entire economy, and many states that have imposed immediate clean electricity standards without delay," the Washington Examiner notes.

Between the lines: Ideas for a federal "clean energy standard" of some sort have been rattling around for a decade.

  • I first started noticing them when Republicans floated them as an alternative to Democratic calls for renewables-specific mandates, and then-President Obama floated his own version in 2011.

Go deeper:

Go deeper

CPAC Republicans choose conservatism over constituents

Rep. Matt Gaetz. Photo: Elijah Nouvelage/Bloomberg via Getty Images

CPAC proved such a draw, conservative Republicans chose the conference over their constituents.

Why it matters: More than a dozen House Republicans voted by proxy on the $1.9 trillion COVID-19 relief bill in Washington so they could speak at the Conservative Political Action Conference, known as CPAC. And Sen. Ted Cruz skipped an Air Force One flight as President Biden flew to Cruz's hometown of Houston to survey storm damage.

Border Democrat warns Biden about immigrant fallout

Henry Cuellar (right). Photo: Tom Williams/CQ-Roll Call Inc. via Getty Images

A Democratic lawmaker representing a border district warned the Biden administration against easing up too much on unauthorized immigrants, citing their impact on his constituents, local hospitals and their potential to spread the coronavirus.

Why it matters: Rep. Henry Cuellar (D-Texas) told Axios he supports President Biden. But the moderate said he sees the downsides of efforts to placate pro-immigrant groups, an effort that threatens to blow up on the administration.

In CPAC speech, Trump says he won't start a 3rd party

Trump at CPAC on Feb. 28 in Orlando, Florida. Photo: Courtesy of C-SPAN.

In his first public speech since leaving office, former President Trump told the audience at the Conservative Political Action Conference (CPAC) that he would not start a third party because "we have the Republican party."

Why it matters: The former president aims to cement himself as Republicans' "presumptive 2024 nominee" as his top contenders — including former members of his administration — face the challenge of running against the GOP's most popular politician.