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Expand chart
Reproduced from IEA; Chart: Axios Visuals

A new International Energy Agency analysis highlights the importance of battery storage paired with renewables in helping to decarbonize power.

Why it matters: India, the focus of the analysis, is the world's third-largest greenhouse gas emitter (after China and the U.S.) and suffers from terrible air quality problems.

The big picture: "With ambitious plans to use renewables — particularly solar photovoltaics — to satisfy rapidly increasing electricity demand, India will be the country with the greatest need for additional flexibility in the coming decades," it states.

What they did: They looked at projected future coal-fired and renewable power capacity in India under two scenarios.

  1. Their "stated policies" case which models existing and announced plans.
  2. A "cheap batteries" case in which battery tech costs fall more quickly than recent declines.

What they found: The "cheap batteries" scenario enables much more renewables deployment, shows coal plateauing in roughly a decade, and projects India's power-related CO2 emissions start to decline just after 2030.

Go deeper: IEA to track oil companies’ efforts on clean energy

Go deeper

NRA files for bankruptcy, says it will reincorporate in Texas

Wayne LaPierre of the National Rifle Association (NRA) speaks during CPAC in 2016. Photo: Saul Loeb/AFP via Getty Images

The National Rifle Association said Friday it has filed for voluntary bankruptcy as part of a restructuring plan.

Driving the news: The gun rights group said it would reincorporate in Texas, calling New York, where it is currently registered, a "toxic political environment." Last year, New York Attorney General Letitia James filed a lawsuit to dissolve the NRA, alleging the group committed fraud by diverting roughly $64 million in charitable donations over three years to support reckless spending by its executives.

39 mins ago - Politics & Policy

Biden: "We will manage the hell out of" vaccine distribution

Joe Biden. Photo: Chip Somodevilla / Getty Images

President-elect Joe Biden promised to invoke the Defense Production Act to increase vaccine manufacturing, as he outlined a five-point plan to administer 100 million COVID-19 vaccinations in the first months of his presidency.

Why it matters: With the Center for Disease Control and Prevention warning of a more contagious variant of the coronavirus, Biden is trying to establish how he’ll approach the pandemic differently than President Trump.

A new Washington

Photo: Stefani Reynolds/Getty Image

D.C. Mayor Muriel Bowser said Friday that the city should expect a "new normal" for security — even after President-elect Biden's inauguration.

The state of play: Inaugurations are usually a point of celebration in D.C., but over 20,000 troops are now patrolling Washington streets in an unprecedented preparation for Biden's swearing-in on Jan. 20.