Axios

A Southwest monsoon has brought historic flash flooding to California, trapping thousands in Death Valley National Park on Friday.

Driving the news: At least 1,000 people who were stuck in Death Valley National Park from historic flash flooding made it out of the park, with many more planning to leave Saturday, the Las Vegas Review-Journal reports.

Two-thirds of the Great Barrier Reef in Australia are showing the highest amount of coral cover in nearly 36 years, the Australian Institute of Marine Science said in a new report.

The big picture: Though parts of the reef have seen some recovery, other areas are still vulnerable to climate change and mass bleaching, the government agency said. The GBR has been suffering from mass bleaching due to rising ocean temperatures.

The Senate's climate deal could bring scale-up of carbon capture in heavy industries and power after years of limited momentum and false dawns.

Driving the news: It provides a long-term extension of time for projects to qualify for existing credits and expands their application and value.

U.S. crude prices continue to tumble as stockpiles of oil and gas climb.

Why it matters: Falling energy prices could help lower the next round of inflation readings, reducing pressure on the Federal Reserve to continue the rate-raising campaign that clobbered the stock market during the first half.