Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. 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!

Denver news in your inbox

Catch up on 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!

Des Moines news in your inbox

Catch up on 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!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

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: Eniola Odetunde/Axios

House Democrats' climate change committee is slated to unveil a detailed, wide-ranging set of proposals Tuesday at an event featuring Speaker Nancy Pelosi.

Why it matters: It's a preview of policies Democrats could try to advance if they control the White House and Senate after the 2020 election, which could open a political window to move climate legislation.

How it works: Bloomberg has the goods on some of the top-line goals of the proposal, reporting that it will call for...

  • Net-zero U.S. emissions by 2050 and 100% "clean vehicles" by 2035.
  • An extension of solar power tax credits.
  • Net-zero power sector emissions by 2040 and some kind of carbon pricing.

The intrigue: One thing to look for is how the left flank of the party and the climate movement greet the plan.

  • Rep. Alexandria Ocasio-Cortez criticized the Select Committee on the Climate Crisis when it was created early in this Congress, arguing it lacked teeth.

Go deeper

Oct 1, 2020 - Politics & Policy

House prepares to pass revised COVID relief bill as White House talks hit roadblock

Schumer and Pelosi. Photo: Alex Wong/Getty Images

The House is planning to move ahead Thursday with Democrats' revised $2.2 trillion coronavirus relief bill as 11th-hour negotiations with the White House continue.

The latest: House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke by phone at 1 p.m., following a 90-minute meeting on Capitol Hill Wednesday — the first in-person meeting between the two since August, when negotiations stalled. The two plan to speak again later this afternoon, according to a Pelosi aide.

Ben Geman, author of Generate
Oct 2, 2020 - Energy & Environment

Oil lobby launches swing-state ad push in final stretch to Election Day

Illustration: Sarah Grillo/Axios

The American Petroleum Institute is launching a digital ad barrage in the closing weeks of the election that promotes natural gas and industry access to drilling in areas Joe Biden would place off-limits.

Why it matters: API is the industry's most powerful lobbying group. The seven-figure buy shows how the industry sees the threat from Democratic climate proposals — including a ban on new oil-and-gas leases on federal lands.

Ben Geman, author of Generate
Oct 2, 2020 - Energy & Environment

The state of zero-carbon power

Expand chart
Data: EIA; Chart: Axios Visuals

A federal report on U.S. carbon emissions helps to show the fast rise of wind and solar in recent years and why the potential retirement of nuclear plants makes it harder to deeply decarbonize the overall mix.

Driving the news: As the chart above shows, renewables are a rapidly growing share of the total amount of zero-carbon electricity the country produces, but nuclear still has by far the largest amount.