Energy & Environment

Why it matters: Ominous forecasts about the impact of climate change serve as the backdrop for the world — led by U.S. lawmakers and companies — to debate big action on the problem, which could upend energy systems and our way of life.

All energy & environment stories

Ex-diplomats sketch out two visions of climate change in 2050

Christiana Figueres at the 2019 Web Summit. Photo: NurPhoto / Contributor

Two architects of the Paris Climate Agreement present a pair of possible scenarios for the global climate in 2050 — one in which we've met the carbon reduction targets laid out in the agreement, and one in which we've failed.

Why it matters: The authors argue that we have a decade left to pick which path the planet will take: catastrophe or hope.

There's hope that Congress may pass energy legislation in 2020

Photo: DEA/M. BORCHI/Getty Images

Some climate and energy legislation could actually reach the finish line this year in a divided Congress, according to a new analysis from the think tank Third Way.

Driving the news: Third Way says that's not crazy, pointing to a series of modest measures where "priorities are aligned" on both sides of Capitol Hill.

Coronavirus fears are causing oil prices to slide

Data: Factset; Chart: Axios Visuals

Oil prices have resumed their slide in recent days, signaling renewed fears of how much the novel coronavirus will eat into demand.

Why it matters: It's a barometer of how the spreading and sometimes deadly illness is curbing global economic activity.

Cracks emerge in the oil lobby over climate change

Illustration: Eniola Odetunde/Axios

European-based oil giants' evolving steps on climate change are cracking — but not yet rupturing — the industry's lobbying and advocacy relationships in the U.S.

Driving the news: This morning BP said it's leaving three groups over differences on climate policy: American Fuel & Petrochemical Manufacturers, the Western States Petroleum Association, and the Western Energy Alliance.

Report: BP abandoning trade groups in climate split

BP CEO Bernard Looney speaks during an event in London on Feb. 12. Photo: Daniel Leal-Olivas/AFP via Getty Images

Oil-and-gas giant BP is planning to leave at least two industry trade groups due to differences over climate change policy, The Washington Post reported Tuesday night.

Driving the news: BP is expected to leave American Fuel & Petrochemical Manufacturers (AFPM), and the Western States Petroleum Association (WSPA), they report. The WSPA confirmed to Axios that BP is leaving.

More energy & environment stories