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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

More than a dozen injured in downtown Austin shooting

Police tape in Austin, Texas in 2018. Photo: y Carolyn Van Houten/The Washington Post via Getty Images

A shooting in a busy part of downtown Austin, Texas, early Saturday injured at least 13 people, including two who are in critical condition.

The state of play: Gunfire erupted around 1:30 a.m. along 6th Street, a popular area with bars and restaurants. The suspected shooter remains at large, Austin police said. "It is unknown if there is one, or multiple suspects involved," they noted, adding the shooting appears to be an isolated incident.

Biden to urge G7 to take unified approach to countering China

Photo: Hollie Adams/Bloomberg via Getty Images

President Biden on Saturday is expected to urge fellow G7 leaders to adopt a unified approach to countering China's rising global influence, AP reports.

Driving the news: The G7 leaders are set to unveil a multi-billion-dollar global infrastructure plan aimed at rivaling Beijing's efforts in the developing world.

Why America's post-vaccine summer is off to a slow start

Illustration: Sarah Grillo/Axios

Americans are itching to put pandemic life behind them, but many of the necessary ingredients for a summer of carefree fun — everything from neighborhood pools to car rentals — still aren't fully available.

The big picture: Labor shortages, scrambled supply chains and simple logistics are all making it harder for a whole range of businesses to meet post-pandemic demand, and that’s making “hot vax summer” a little harder to pull off.