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Expand chart
Reproduced from IEA; Chart: Axios Visuals

The pace of new patenting for several categories of climate-friendly technologies has seen a "notable drop-off" since 2012, according to a July 11 analysis from the IEA and OECD.

Why it matters: While far wider deployment of existing tech can do a great deal to stem carbon emissions, the steep cuts needed to meet the Paris Agreement temperature goals will likely require substantial innovation.

What they did: The analysts explored the pace of patenting in several groupings of emissions-cutting tech (see chart above). They noted that several other fields — including health and IT — have not seen this drop-off.

  • "Some of this decline could be explained by the increasing 'maturity' of climate change mitigation technologies, and thus lower propensity to patent."

But, but, but: It's not all gloom and doom. Some areas have bucked the trend, such as "enabling" tech for integrating storage into power systems, and cleaner shipping.

The bottom line: The core finding is concerning despite some bright spots, the IEA and OECD analysts say, noting for instance that today's competitive costs for wind and solar are the fruit of R&D in past decades.

  • "The precipitous decline in patented innovation since 2011–2012 is a stark warning since there can be a long lag between innovation and cost reductions."

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1 hour ago - World

Remote work shakes up geopolitics

Illustration: Eniola Odetunde/Axios

The global adoption of remote work may leave the rising powers in the East behind.

The big picture: Despite India's and China's economic might, these countries have far fewer remote jobs than the U.S. or Europe. That's affecting the emerging economies' resilience amid the pandemic.

Trump gives Biden access to presidential intelligence briefings

Photo: Mark Makela/Getty Images

The Trump White House on Tuesday gave President-elect Biden access to daily presidential intelligence briefings, a source familiar with the matter tells Axios.

Why it matters: Trump has refused to share the briefs until now, as he continues to challenge the result of the election and declines to concede. The president's acquiescence comes as another sign that the transition to a Biden administration is taking place.

AOC and Ilhan Omar want to block Biden’s former chief of staff

Reps. Ilhan Omar and Alexandria Ocasio-Cortez. Photo: Brendan Smialowski/Getty Images

Reps. Alexandria Ocasio-Cortez and Ilhan Omar are boosting a petition against Joe Biden nominating his former chief of staff to a new role in his administration, calling Bruce Reed a "deficit hawk” and criticizing his past support for Social Security and Medicare cuts.

Why it matters: Progressives are mounting their pressure campaign after the president-elect did not include any of their favored candidates in his first slate of Cabinet nominees, and they are serious about installing some of their allies, blocking anyone who doesn't pass their smell test — and making noise if they are not heard.