Photo: Frederic J. Brown/AFP via Getty Images

16-year-old Swedish climate activist Greta Thunberg refused a $52,000 environmental prize from the Nordic Council on Tuesday, saying the offer was a "huge honor" but that "the climate movement does not need any more awards."

"The Nordic countries have a great reputation around the world when it comes to climate and environmental issues. There is no lack of bragging about this. There is no lack of beautiful words. But when it comes to our actual emissions and our ecological footprints per capita ... then it’s a whole other story."

What they're saying: Hans Wallmark, the council's president, said he respected Thunberg's decision and the movement she has inspired.

  • "There is good cause for everyone, also outside of Nordic co-operation, to listen to her and the other voices that are demanding action," he said.

The big picture: Thunberg was considered a favorite to win the 2019 Nobel Peace Prize, which was ultimately awarded to Ethiopian Prime Minister Abiy Ahmed.

Go deeper ... UN report: Climate change causes and impacts are increasing

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The story of American businesses in the coronavirus pandemic is a tale of two markets — one made up of tech firms and online retailers as winners awash in capital, and another of brick-and-mortar mom-and-pop shops that is collapsing.

Why it matters: The coronavirus pandemic has created an environment where losing industries like traditional retail and hospitality as well as a sizable portion of firms owned by women, immigrants and people of color are wiped out and may be gone for good.

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Why it matters: Apple is one of several Big Tech firms accused of violating the spirit, if not the letter, of antitrust law. A high-profile lawsuit could become a roadmap for either building a case against tech titans under existing antitrust laws or writing new ones better suited to the digital economy.

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Data: AARP survey of 1,441 U.S. adults conducted July 14–27, 2020 a ±3.4% margin of error at the 95% confidence level; Chart: Naema Ahmed/Axios

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Why it matters: Young people's concerns about financial insecurity once they're on a restricted income are rising — and that generation is worried the program, which currently pays out to 65 million beneficiaries, won't be enough to sustain them.