Axios

President Trump is promising the tornado-stricken state of Alabama that FEMA is on the way, while Puerto Rico's governor is fighting to make sure the administration doesn't divert its aid money to building a border wall.

Driving the news: Trump today on Alabama: "FEMA has been told directly by me to give the A Plus treatment to the Great State of Alabama and the wonderful people who have been so devastated by the Tornadoes."

California Assemblyman Chad Mayes (R-Yucca Valley) is proposing a new Enhanced Clean Energy Standard (CES) as the next step in curbing carbon emissions in California.

The big picture: Mayes' bill would create an enforceable 80% CES that's "technology neutral," meaning that utility companies would be required to limit greenhouse gas emissions, but would be free to choose the technology with which to do so. This approach has been popular among conservatives recently, and may please progressive climate activists, too.

The tornadoes that ripped through Lee County, Alabama, on Sunday evening, tearing homes apart like a half-mile-wide buzzsaw, are being blamed for at least 23 fatalities.

Why it matters: This death toll makes Sunday the deadliest tornado day in the U.S. since an EF-5 tornado struck Moore, Oklahoma, in May 2013, killing 24.

The share of U.S. adults who believe the GOP's position on climate change is outside the mainstream is higher than it was 4 years ago, according to an NBC/Wall Street Journal poll released over the weekend.

Why it matters: The results arrive as the 2020 election cycle is gathering steam and the Trump administration is moving ahead with efforts to dismantle Obama-era climate policies.

The Canadian dollar, which had been one of the best-performing G10 currencies in the world this year, fell significantly on Friday.

Driving the news: A slide in oil prices and reduced expectations for a rate hike from the Bank of Canada also hurt the loonie, which is edging towards its lowest level of the year against the U.S. dollar. Canada's economy grew at its slowest past in 2.5 years in the last quarter of 2018 and some economists say first quarter GDP growth this year will be even weaker.

SYDNEY, Australia — This country is at a crossroads with its energy future: one that aggressively moves toward cleaner resources in response to climate change versus one that holds onto fossil fuels far longer.

Why it matters: Australia is the poster child, but the entire world faces similar choices, albeit not quite as stark as Oz. Fossil-fuel exports are booming here while large swaths of its population are enduring the wrath of extreme weather — which scientists say is getting worse as global temperatures rise.

Tesla CEO Elon Musk tweeted Sunday that the company will unveil its Model Y crossover SUV on March 14 at L.A. Design Studio, and that it would "cost about 10% more [than the Model 3] & have slightly less range for same battery."

The big picture: The announcement comes less than a week after Tesla said its long-awaited $35,000 Model 3 is available to order online. Musk said detailed specifications, price points and test rides will be available at the unveiling next week.

Tesla was never, technically, a minotaur: When it went public in 2010, it had raised just $482 million in equity capital, along with a $450 million loan from the Department of Energy.

And even the IPO only raised another $276 million. Nevertheless, Elon Musk comes from true minotaur stock: Musk is a paid-up member of the PayPal Mafia — the group of entrepreneurs who all but invented the modern version of blitzscaling.