Axios

At least 25 people were killed as severe storms struck multiple states this weekend.

Why it matters: This year now sits at second place for reported tornadoes to date, behind 2011's record-setting year.

The White House just launched efforts to clean up the Wild West of carbon credit markets — and help them grow.

Why it matters: These credits can help companies cut emissions by financing renewables projects, forest protection, and more.

The death toll from a tornado outbreak that damaged multiple states across the U.S. over Memorial Day weekend has risen to at least 23. More severe weather was forecast Monday, this time targeting the East Coast.

The big picture: Widespread damage has been reported across the Ohio and Tennessee Valley region from storms on Sunday, particularly in Kentucky where an estimated 82,000-plus customers were still without power early Tuesday.

Mexico is facing the triple threats of a searing heat wave, drought and in the nation's capital water shortages that experts say are being amplified by climate change.

The big picture: The heat dome that's parked over the country has resulted in the deaths of dozens of people and animals from heat stroke and dehydration.