Photo: Brendan Smialowski/AFP/Getty Images

Washington Gov. Jay Inslee, who is running a climate-focused (and longshot) 2020 campaign, last night asked the Democratic National Committee to set up a debate focused solely on climate change.

What he's saying: "This can’t be a one-off question where candidates get to give a soundbite and move on," Inslee, who launched a petition, said in a statement. "Climate change is at the heart of every issue that matters to voters, and voters deserve to hear what 2020 presidential candidates plan to do about it."

But, but, but: The DNC offered an extremely noncommittal statement last night, even as the party emphasized the topic's importance and said Republicans "refuse to even acknowledge that climate change is real."

What they're saying: Communications director Xochitl Hinojosa said the DNC's goal is to provide candidates a platform for "vigorous discussion" on topics including the economy, climate and health care. She added:

  • "Democrats are eager to put forward their solutions to combat climate change, and we will absolutely have these discussions during the 2020 primary process."
  • "The DNC is currently ironing out the details for all 12 debates and will work with the networks to ensure that Democrats have a platform to discuss these issues directly with the American people."

Go deeper: Inside the climate election of 2020

Go deeper

Mergers and acquisitions make a comeback

Illustration: Sarah Grillo/Axios

A slew of high-profile headlines led by Microsoft's expected acquisition of social media video app TikTok helped bring the Nasdaq to another record high on Monday.

Why it matters: The mergers-and-acquisitions market looks like it's bouncing back, joining the revived credit and equity markets as well as the market for new public companies through IPOs and special purpose acquisition companies (SPACs).

U.S. Chamber of Commerce warns of racial inequality for small businesses

Illustration: Aïda Amer/Axios

Attitudes and beliefs about racial inequality are changing quickly as protests and media attention have helped highlight the gaps in opportunity between white- and minority-owned businesses in the United States.

Driving the news: A new survey from the U.S. Chamber of Commerce and MetLife provided early to Axios shows a 17-point increase in the number of small business owners who say minority-owned small businesses face more challenges than non-minority-owned ones.

BP's in the red, slashing its dividend and vowing a greener future

Photo: Ben Stansall/AFP via Getty Images

BP posted a $6.7 billion second-quarter loss and cut its dividend in half Tuesday while unveiling accelerated steps to transition its portfolio toward low-carbon sources.

Why it matters: The announcement adds new targets and details to its February vow to become a "net-zero" emissions company by mid-century.