Axios

Fossil fuel electricity generation peaked at least five years ago in roughly half the world's countries.

Why it matters: A new analysis, from climate think tank Ember, underscores how a global peak in fossil electricity — the top global CO2 source — is likely imminent.

Spooky creatures and urban legends are part of what makes Halloween special. This year, the Axios Visuals team gathered 16 of the creepiest cryptids into a bracket.

What's happening: We want you to vote for your favorite creature! The winner will be revealed on Halloween.

Canada's record wildfire season that's repeatedly triggered air quality alerts across the country and the U.S. has eased, some five months after it began.

State of play: About 45.7 million acres of land has burned in Canada this year — 2.5 times more than the previous record of 17.5 million acres razed in 1995. Some fires continue to burn.

The combination of a strong El Niño in the tropical Pacific Ocean and record high global ocean temperatures are likely to shape the upcoming winter season across the U.S., per an NOAA outlook released Thursday.

Why it matters: Everyone from ski area operators to water managers, public works departments and insurance companies — plus ordinary winter storm lovers (and snow-haters) — heed the outlook for planning guidance.

Tesla's third quarter earnings missed Wall Street expectations, but the company made some product news by announcing that its unusual — and long-delayed — Cybertruck pickup is finally arriving.

Driving the news: Tesla reported $23.35 billion in revenue and $1.85 billion in profits, declines from the prior three months, and the profit figure is also lower than Q3 of 2022.

Global insured natural catastrophe losses in 2023 are expected to eclipse $100 billion for the sixth time since 2017, according to a new report from Gallagher Re, a reinsurance company.

The big picture: Severe thunderstorm-related loss events and the effects of climate change were the biggest factors behind the high losses so far, the report finds.

The Biden administration eased sanctions primarily on Venezuela's oil and gas sector Wednesday after Nicolás Maduro's regime agreed with the U.S.-backed opposition to a roadmap to presidential elections in 2024.

Why it matters: The biggest rollback of Trump-era economic restrictions on the country underscores U.S. efforts to bolster global oil and gas supplies, which Axios' Matt Phillips notes Russia's war on Ukraine has greatly disrupted.

Elon Musk has been using price cuts to drive demand as competition grows. And some investors think more cuts will be needed.

State of play: Tesla's average transaction prices are now already lower than luxury market brands Acura, Lexus, Infiniti and Volvo, according to a Kelley Blue Book report from last week.