Welcome back! Today's Smart Brevity count: 1,120 words, ~ 4 minutes.
And this month back in 1971, Faces released a heck of a song that's today's intro track...
Photo Illustration: Eniola Odetunde/Axios. Photo: Elijah Nouvelage/Getty Images
Elizabeth Warren is out with new plans to speed up offshore wind projects, expand marine sanctuaries, and bolster use of oceans to soak up carbon emissions.
Driving the news: Those are three pillars of the far wider "Blue New Deal" — a riff on the "Green New Deal" concept — on ocean policy that the Democratic White House hopeful unveiled Tuesday.
Why it matters: Politically, the plan's arrival follows Warren's recent slide in the polls after challenging Joe Biden for frontrunner status in the fall.
How it works, part 1: Energy-related provisions in Warren's plan include...
How it works, part 2: On climate, Warren vows an executive order requiring the National Oceanic and Atmospheric Administration to bolster ocean carbon sequestration efforts.
Quick take: The plan blends Warren's jobs and economic justice messages into her environmental posture.
America is poised to produce far more oil and natural gas over the next five years than any other country in the world, according to a new report, Axios' Amy Harder writes.
Why it matters: It shows how America, already the world’s largest oil and gas producer, is poised to cement that position, with pivotal implications for geopolitics and climate change.
By the numbers: The U.S. could produce just over 24 billion barrels of oil equivalent over the next five years, according to a report by two environmental groups, the Global Gas and Oil Network and Oil Change International, which analyzed projection data from research firm Rystad Energy.
How it works: The accompanying chart, adapted from the report, is looking at projected production over this five-year time period from currently undeveloped reserves.
The intrigue: The environmental groups released the report last week at the United Nations climate conference underway in Madrid.
The House-Senate deal made on Monday on must-pass defense legislation would impose sanctions against companies helping Russia complete the Nord Stream 2 natural gas pipeline to Germany.
Why it matters: Critics contend the project will bolster Russia's leverage in Europe plus erode energy security and Ukrainian access to Russian gas.
But, but, but: The Trump administration, which opposes the project, has not imposed sanctions under existing authorities.
What they're saying: GOP Sen. Ted Cruz said via Twitter late last night that he would work with the administration to "make sure these sanctions are fully implemented and any violators are tracked and duly designated."
The intrigue: The project is well under construction, so it's unclear if the bill will prove anything more than symbolic.
Saudi Arabia: Bloomberg dug into the Saudi's newly released 2020 budget and concludes the kingdom "isn’t counting on much of an uplift from crude prices."
Batteries: Per Reuters, "The European Commission approved on Monday 3.2 billion euros ($3.53 billion) of state aid from seven European Union countries for research and innovation in battery technology."
Climate: Via AP, "More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change."
We'll soon know more about Pete Buttigieg's work at consulting giant McKinsey and Co. after Monday's announcement that he got permission to release the full client list. Some of the energy-related parts are already known.
Why it matters: The campaign's Friday release of a summary about his tenure there creates a fuller picture of the 37-year-old South Bend mayor's private-sector stint.
Driving the news: The summary shows that he worked in 2008–2009 on a project that produced a report on improving energy efficiency and cutting emissions in industrial, residential and commercial buildings.
The intrigue: There's less info about two other projects until the whole client list surfaces...