Sep 29, 2017

Global M&A makes modest gains in 2017

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Big Tech data centers probably aren't a climate change time bomb

Data: Reproduced from an International Energy Agency report; Chart: Axios Visuals

An International Energy Agency analysis pushes back against concerns that data centers are a ticking carbon bomb as use of web-connected devices expands.

Where it stands: Power use by data centers consumes about 1% of global power (which isn't trivial in a world of still-rising emissions) and has changed little since 2015, they report.

Go deeperArrowJan 7, 2020

Despite Trump, Congress boosts clean energy funding

Congress is set to pass a budget doubling down on a years-long trend of increasing clean-energy funding, despite President Trump's repeated attempts to cut spending.

Driving the news: The spending bill the House passed on Tuesday would increase energy research spending nearly 14% compared to this year’s levels and more than 50% compared to 2014.

Go deeperArrowDec 18, 2019

U.S. private equity firms raised record $300 billion in funding in 2019

Illustration: Illustration: Lazaro Gamio/Axios

U.S.-based private equity firms raised more than $300 billion for new funds in 2019, according to data released this morning by PitchBook.

The intrigue: It's an all-time record, topping the $241 billion raised in 2016, and a 52% bump over the $198 billion raised in 2018.

Go deeperArrowJan 10, 2020