Energy

OPEC's in no hurry on supply cut decision

OPEC on Monday said it will not meet in April as planned and will "decide instead whether to extend output cuts in June, once the market has assessed the impact of U.S. sanctions on Iran and the crisis in Venezuela," Reuters reports from Azerbaijan.

Why it matters: The momentum against a nearer-term decision is a nod to the moving pieces in the markets, emerging reports from the meeting suggest.

Column / Harder Line

Trump and Republicans are isolated on climate change

Trump riding an elephant while floating on a sheet of ice
Illustration: Lazaro Gamio/Axios

President Trump and congressional Republicans are increasingly outliers in an otherwise emerging consensus across America that climate change is a problem and that the government should pass new laws to address it.

The big picture: The shift has been underway for the last couple of years, driven by investor pressure, growing public concern and mounting scientific urgency. In the last several months, the fervor around the Green New Deal is accelerating this shift and accentuating Republicans’ isolation and their internal divisions — as a handful of Republicans break ranks and acknowledge the problem is real.

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