Several bills that aim to tackle climate change are surfacing as lawmakers scramble before their August congressional break.

Why it matters: While none of the measures is likely to pass any time soon (if ever), they’re nonetheless a sign of the increasing saliency of climate change among politicians, particularly Democrats, but, in a slowly shifting trend, Republicans, too.

Driving the news:

  1. Sens. Sheldon Whitehouse (D-R.I.) and Shelley Moore Capito (R-W.V.) are introducing a bill to address emissions from the industrial sector (think cement factories).
  2. Rep. Francis Rooney (R-Fla.) is introducing on Thursday legislation that taxes carbon emissions and uses most of the money raised to lower payroll taxes. He has previously backed similar bills.
  3. Sen. Chris Coons (D-Del.) is also introducing a bill Thursday that taxes carbon emissions.
  4. Rep. Brian Fitzpatrick (R-Pa.), is planning to introduce a carbon tax bill in September, according to his office.

But, but, but: As I wrote in April, most of these types of big measures are unlikely to become law anytime soon given that Republican lawmakers, and President Trump, typically dismiss the issue, and they control much of Washington right now.

  • Instead, these bills are a sign of a debate, long relegated to Washington’s back burner, re-emerging. Whether that translates into actual policy passing is a big open question — and probably on hold until after the 2020 presidential contest.

Go deeper: The Democrats’ plan to have a climate plan

Go deeper

Updated 10 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 a.m. ET: 31,920, 652 — Total deaths: 977,311 — Total recoveries: 22,002,729Map.
  2. U.S.: Total confirmed cases as of 8 a.m ET: 6,935,414 — Total deaths: 201,920 — Total recoveries: 2,670,256 — Total tests: 97,459,742Map.
  3. Health: CDC director says over 90% of Americans have not yet been exposed to coronavirus — Supply shortages continue to plague testing — The coronavirus is surging again.
  4. Politics: Missouri Gov. Mike Parson tests positive for coronavirus — Poll says 51% of Republicans trust Trump on coronavirus more than the CDC.
  5. Technology: The tech solutions of 2020 may be sapping our resolve to beat the coronavirus
  6. Vaccines: Johnson & Johnson begins large phase 3 trial — The FDA plans to toughen standards.
  7. World: Justin Trudeau says Canada's second wave has begun
  8. Future: America's halfway coronavirus response
Dion Rabouin, author of Markets
16 mins ago - Economy & Business

The stock market's not-enough tantrum

Illustration: Eniola Odetunde/Axios

The market looks like it may be throwing another tantrum, investors say. But the cause is different this time around.

What's happening: This selloff is beginning to look like the 2013 taper tantrum, which roiled markets as U.S. government yields rose in response to an expected reduction of the Fed's quantitative easing (QE) program.

The Biden blowout scenario

Joe Biden speaks at an outdoor Black Economic Summit in Charlotte yesterday. Photo: Kevin Lamarque/Reuters

Joe Biden or President Trump could win the election narrowly — but only one in a popular and electoral vote blowout. 

Why it matters: A Biden blowout would mean a Democratic Senate, a bigger Democratic House and a huge political and policy shift nationwide.

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