Axios

President Biden's climate envoy John Kerry "warned the EU that a carbon border tax adjustment should be a 'last resort,'" the Financial Times reports (subscription).

Why it matters: The official statement following a meeting between Kerry and European officials shows that while the U.S. and EU are now broadly aligned on climate, harmony on policy specifics can be trickier.

The VC firm Energy Impact Partners has created an index that tracks performance of companies spanning a wide range of climate-friendly technologies — and it shows they're crushing the broader market.

Why it matters: The firm's new "Climate Tech Index" differs from technology indices that are more narrowly targeted, such as only tracking clean energy companies.

Yesterday marked one year since the World Health Organization declared COVID-19 a pandemic, but it was already hammering oil prices thanks to lockdowns in China — the world's largest consumer — and market expectations of more demand loss.

Where it stands: Prices have rebounded to their highest levels in well over a year, thanks to consumption coming back, supply curbs, traders' expectations of continued economic recovery, and more demand bounce back later this year.

A big snowstorm is coming this weekend, but it will be tough to break the record.

Here's a look at the largest snow totals in Denver's history, as compiled by 9News:

• 45.7 inches in December 1913: The city came to a standstill for days.