More companies from across the corporate spectrum are joining a long-shot advocacy effort to pass a carbon tax in a bitterly divided Congress.

Driving the news: General Motors, Ford, IBM and two electricity companies — Calpine Corporation and Vistra Energy — are putting money toward a lobbying campaign that would put a price on CO2 emissions and refund revenue back to consumers.

Where it stands: These companies join several others funding Americans For Carbon Dividends (AFCD), the lobbying arm of the Climate Leadership Council (CLC), which is a coalition of strange bedfellows that includes companies, environmental groups and former Republican lawmakers.

  • The groups’ proposal would impose a $40-a-ton tax on CO2 emissions and cut U.S. carbon emissions in half by 2035.
  • Ted Halstead, CEO of the CLC, says the goal is to have both chambers of Congress introduce bipartisan measures sometime next year. He had previously pushed for it to get done by the end of this year, but he now says the effort has been delayed by the impeachment saga.

By the numbers:

  • General Motors, Ford and IBM each gave $100,000 to the campaign this year, while Vistra is giving $1 million over two years. Calpine is giving an undisclosed amount, according to Halstead.
  • These companies join ConocoPhillips, Exxon, Exelon and several renewable energy companies in funding the campaign.
  • AFCD raised more than $5 million this year and aims to raise “considerably more” next year, Halstead says.

But, but, but: These figures are often quite small compared to the companies’ overall lobbying efforts. For example, General Motors has spent more than $6 million in the first three quarters of this year; Ford, more than $3 million.

The intrigue: GM and Ford are agreeing here, but they’re on opposite sides of a brewing fight between the Trump administration and California over federal and state-level efforts on fuel-efficiency standards.

Reality check: Although Republicans are increasingly acknowledging climate change is a problem, few are on board with sweeping new policy — which this would be. Meanwhile, the most vocal Democrats say a carbon price by itself isn’t nearly enough to combat climate change.

Go deeper: Carbon tax campaign unveils new details and backers

Go deeper

Biden raises $141 million more than Trump

Democratic presidential nominee Joe Biden speaks during a September campaign event in Wilmington, Delaware. Photo: Alex Wong/Getty Images

Joe Biden's campaign, the Democratic National Committee and joint fundraising committees raised $466 million cash on hand, the presidential candidate's team announced late Sunday.

Why it matters: President Trump's campaign raised $325 million, his campaign communications director Tim Murtaugh announced Friday. In the spring, Biden was $187 million behind Trump and the Republican National Committee.

Virtual Emmys address chaotic year for American TV and society

Emmy Host Jimmy Kimmel during rehearsals Friday for the 72nd Annual Emmy Awards at the Staples Center in Los Angeles. Photo: Al Seib/ Los Angeles Times via Getty Images

The Emmy Awards Sunday night addressed the major U.S. issues this year — including the protests on systemic racism and police brutality, the wildfires engulfing parts of the West Coast, the census, the pandemic, essential works and the election.

Why it matters: Award shows have always addressed wider cultural issues, but this year — amid unprecedented stress and uncertainty — that trend has accelerated.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11:30 p.m. ET: 30,919,638 — Total deaths: 959,332— Total recoveries: 21,152,996Map.
  2. U.S.: Total confirmed cases as of 9:30p.m. ET: 6,799,141 — Total deaths: 199,474 — Total recoveries: 2,590,671 — Total tests: 95,108,559Map.
  3. Politics: Testing czar on Trump's CDC contradictions: "Everybody is right" Ex-FDA chief: Career scientists won't be "easily cowed" by political vaccine pressure.
  4. Education: What we overlooked in the switch to remote learning.
  5. Health: The dwindling chances of eliminating COVID-19 — 7 states set single-day coronavirus case records last week.
  6. World: England sets £10,000 fine for breaking self-isolation rules — The countries painting their pandemic recoveries green.