Axios

Uber's partnership earlier this year with bike-share company Jump did not directly produce much ridership growth for Jump, which it later acquired, sources tell Axios.

Why it matters: Startups offering only e-scooters or bikes may be able to survive pending competition from integrated transportation giants like Uber and Lyft.

Former President Barack Obama will travel to Spain, Portugal, Kenya, and South Africa this July to discuss the economy and effects of climate change, according to a statement from his personal office.

The details: He’ll participate in the Circular Economy and Innovation Summit in Madrid, the Climate Change Leadership summit in Porto, meet with Kenyan President Uhuru Kenyatta, and, separately, meet with the South African President President Cyril Ramaphosa.

OPEC leaders have tentatively agreed to increase oil production by 600,000 barrels per day, reports Bloomberg. The compromise between OPEC leaders comes at the last minute after Iran threatened to veto any production hike and is a "much needed show of unity."

The big picture: Oil prices rose 2% as the deal neared because it matched analyst expectations and "would help ease tightness in the oil market but would not create a glut," Reuters reports.

Oil market prices rose 1% on Friday after news came out that there seemed to be disagreement between OPEC leaders in Vienna on how whether output should be raised to compensate for tightness in the market, per Reuters.

The big picture: A decision hasn't been formally announced yet, but market analysts expect OPEC to announce 500,000 to 600,000 barrel per day production increase to keep the market moving without overloading the market.

As America's power mix undergoes big changes, a new trend is taking off: microgrids.

Why it matters: Microgrids are what their name indicates — small, mostly isolated and equipped with their own power supply. This technology has the potential to make electricity more flexible and resilient, as intermittent renewable energy becomes more widespread and weather becomes more extreme.

U.S. oil production has more than doubled over the last decade, but American drivers haven't always reaped the benefits.

Why it matters: U.S. gasoline prices are priced largely on the global oil market, where America's oil boom has been one of many complex factors affecting prices over the last several years. Casual observers may link our increased oil production with what they pay to fill up their cars' tanks, but they shouldn't, experts say.

A residential solar business bought by Tesla a few years back will be "sharply" downsized because of the company's decision to cut 9% of its employees, Reuters reported Thursday.

Why it matters: The downsize raises questions about the company's viability. Tesla is not only closing facilities in several states, but is also ending an integral retail relationship with Home Depot.

The Earth is warmer now than at any time since reliable record-keeping began in 1880, and we're continuing to warm at an accelerated rate. In fact, the Earth is warmer now than at any point in modern human civilization.

The context: 2017 was the third-warmest year on record, and the seven warmest years have occurred since 2010. This chart shows temperature anomalies — which is a departure from an average long-term baseline temperature — for every month since January 1880, compared to the average temperature between the years 1901 and 2000. The data is constructed from thousands of available, quality-controlled land and sea surface temperature readings across the world, and runs through May 2018.

Go deeper: Why climate change hits the poorest countries hardest.

A bipartisan House caucus on climate change has added six new members, bringing its total to 84, nearly 20% of the House of Representatives.

The big picture: The caucus, whose stated mission acknowledges climate change and works to address it, has grown significantly under President Trump, whose administration mostly dismisses climate change as an issue. Of the 84 members, 70 have joined since Trump's election.

The nonprofit World Resources Institute has a new paper out today arguing that a carbon tax should include provisions that enable policy adjustments if it's not proving effective enough.

Why this matters: Carbon taxes have no political traction in Congress right now. But work by WRI highlights various efforts to inform or influence policymakers if — and that's a big if! — a window opens down the line.

A new study out today in the journal Science finds that methane emissions from the U.S. oil and gas industry are nearly 60% more than current EPA estimates.

Why it matters: With natural gas now the dominant fuel for generating electricity in the U.S., determining its environmental footprint is crucial. Although burning natural gas for energy emits fewer long-lived greenhouse gases, it does release considerable amounts of methane — a potent, short-lived global warming agent.

A new study finds that the ground underneath the West Antarctic Ice Sheet region is rebounding, or rising, at an extraordinarily rapid rate.

Why this matters: Previous research has shown that enough ice has already melted in this region to trigger a potentially irreversible melt of the West Antarctic Ice Sheet, which would sharply increase sea levels worldwide. Now, though, scientists may have identified a new brake on this runaway train.

E-scooter company Lime wants to expand its business into areas like ultra-compact electric cars, local merchant promotions and delivery, according to a confidential fundraising deck obtained by Axios.

Background: Axios previously reported that GV, a venture capital affiliate of Google parent company Alphabet, is leading a $250 million equity round into Lime at around a $1 billion post-money valuation.