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Illustration: Annelise Capossela/Axios

The Alliance for Market Solutions, a group trying to get political traction for carbon taxes, is launching a new advocacy campaign that counts ExxonMobil and Dow among its backers.

Why it matters: It's the first corporate support for the group that's seeking to win support among conservative lawmakers. The alliance had for years relied only on individual contributions.

What they're saying: "ExxonMobil and Dow’s willingness to help our efforts by supporting AMS Action, our 501(c)(4), sends an important signal that corporate American wants Republicans to engage on climate policy," said Executive Director Alex Flint, a former Senate GOP energy aide, in an email announcing the new effort.

Yes, but: Carbon pricing in any form faces extraordinarily high political hurdles. Capitol Hill Republicans remain overwhelmingly opposed. Meanwhile, Democrats, while more open to pricing, have deemphasized it as a policy tool in recent years.

However, two K Street behemoths — the American Petroleum Institute and the U.S. Chamber of Commerce — have recently come around on the idea.

Go deeper

Ina Fried, author of Login
May 18, 2021 - Technology

Google and the GOP's push to restrict votes

Illustration: Sarah Grillo/Axios

Google is among several big U.S. companies criticized in a report Monday for taking part in an April meeting of Republican state leaders that focused on efforts to pass new restrictions on voting.

Why it matters: Google has publicly said it is opposed to bills that would make voting harder, but it's also trying to engage with both Democrats and Republicans and some of that latter group are working hard to pass such bills in a number of states.

Updated 6 hours ago - World

UK government: Kremlin has plan "to install pro-Russian leadership" in Ukraine

British Foreign Secretary Elizabeth Truss. Photo: Gints Ivuskans / AFP via Getty Images

The United Kingdom's Foreign Secretary on Saturday night said the government has "information that indicates the Russian Government is looking to install a pro-Russian leader in Kyiv as it considers whether to invade and occupy Ukraine."

Driving the news: U.S. National Security Council spokeswoman Emily Horne called the intelligence "deeply concerning" in a statement to Axios. The Biden administration has said Russia is actively manufacturing a pretext for invasion and warned that Putin could use joint military exercises in Belarus as cover to invade from the north.

Updated 7 hours ago - Science

This powerful new accelerator looks for keys to the center of atoms

Illustration: Eniola Odetunde/Axios

Nuclear physicists trying to piece together how atoms are built are about to get a powerful new tool.

Why it matters: When the Facility for Rare Isotope Beams begins experiments later this spring, physicists from around the world will use the particle accelerator to better understand the inner workings of atoms that make up all the matter that can be seen in the universe.