Happy Friday! Today's Smart Brevity count: 1,085 words, ~ 4 minutes.
Situational awareness: “Axios on HBO” returns this Sunday! Tune in at 6pm ET/PT on HBO. On this week's show...
Onto music. At this moment 35 years ago, the late Prince was enjoying a 5-month reign atop the Billboard album charts with "Purple Rain," which provides today's intro tune...
Illustration: Lazaro Gamio/Axios
Next year's G7 summit is shaping up to be unusual, and not only because the White House will host it at the Trump National Doral Miami resort.
Driving the news: Acting White House Chief of Staff Mick Mulvaney told reporters Thursday that "climate change will not be on the agenda" at the June meeting.
Why it matters: Climate's absence from the discussions will mark a sharp break with G7 meetings dating back a decade, according to veterans of global climate diplomacy.
And it will occur in a state that's grappling with sea-level rise and threatened by Atlantic hurricanes that global warming is making more powerful.
The big picture: The decision underscores the White House reversal of Obama-era norms and policies — something most evident in Trump's intention to withdraw the U.S. from the Paris climate agreement.
Most recently, Trump skipped the climate session at the August G7 meeting in France.
What they're saying: "The interesting question is how much other countries might push back against the U.S. for doing this," said Andrew Light, a senior climate aide in Obama's State Department, in an email exchange.
The intrigue: Light says the reaction of other countries will be especially important because he expects the administration will initiate the formal withdrawal from Paris as early as Nov. 4.
Quick take: The decision to host the meeting at Doral already guarantees immense attention, given that throughout his presidency, Trump has faced allegations that he is using his office to enrich his own business.
Go deeper: Miami grapples with rising seas and stifling heat. But climate change won’t be on the G7 agenda at Trump’s Doral resort. (Washington Post)
Stop if you've heard this one before: Saudi Arabia is postponing plans to float shares in state oil giant Aramco, according to multiple reports Thursday.
Why it matters: Plans to offer a small slice of Aramco are aimed at raising buckets of money to fund the kingdom's economic diversification, but the effort has been beset by delays.
The Wall Street Journal sums it up this way...
Where it stands: Per Bloomberg, officials are no longer planning an Oct. 20 launch of the IPO process that would have been followed by a listing on the kingdom's domestic exchange by late November.
Illustration: Sarah Grillo/Axios
The Senate yesterday rejected a resolution to overturn EPA's recent decision to scrap Obama-era carbon emissions regulations for power plants and replace them with more modest rules.
Driving the news: 3 Democrats — Kyrsten Sinema, Doug Jones, and Joe Manchin — joined Republicans in opposing the Democratic measure. Susan Collins was the only Republican to support the resolution in the 41-53 vote.
The big picture: This was a messaging vote to hit Trump's regulatory rollbacks and rejection of mainstream climate science — and put Republicans on record about it.
But, but, but: Defection of 3 moderate Democrats highlights why passing a big climate bill will be extremely hard even if Democrats somehow eke out a small Senate majority in the 2020 election.
ICYMI, Energy Secretary Rick Perry has made it official: he's leaving the Trump administration by year-end.
Driving the news: Perry announced the move last night after reports of his resignation emerged earlier in the day, which President Trump himself later confirmed.
Why it matters: The former Texas governor had unusual longevity compared to many of Trump's other initial Cabinet picks.
The intrigue: There's been a split-screen effect with Perry, which I wrote about when his plans first started leaking out 2 weeks ago.
One big question: Politico reports that his exit "doesn't resolve the most pressing question about his role in the Ukraine scandal — whether he will cooperate with House Democrats' impeachment probe."
The big picture: Per Axios' Amy Harder, DOE's posture is unlikely to change much.
Deputy Secretary Dan Brouillette will likely be acting secretary for the time being. Brouillette supports the same basic agenda, including nuclear power and LNG exports.
Go deeper: Perry's resignation letter and message to DOE employees are here.
Solar: Via Greentech Media, "Leyline Renewable Capital has raised $150 million from private equity firm Newlight Partners to finance early-stage solar projects and anaerobic digesters backed by other developers."
Oil markets: Bloomberg reports that OPEC and allied producers (notably Russia) may agree in December to trim production further than their current pact that curbs output by 1.2 million barrels per day.
Pipelines: Per Reuters, "DTE Energy’s midstream business said on Friday it would buy a natural gas gathering system and pipeline in Louisiana’s Haynesville shale for $2.25 billion in cash."
They're buying the assets from Momentum Midstream and Indigo Natural Resources.
The pro-carbon tax group Americans for Carbon Dividends is expanding its lobbying activities more than I initially thought.
Driving the news: A newly available filing shows the group has retained Six-7 Strategies LLC to lobby for its proposal for a tax that starts at $40-per-ton and returns revenues to the public.
It's the firm headed by Kevin Sweeney, a former aide to GOP Sen. Lisa Murkowski of Alaska.
Flashback: Yesterday we reported that Americans for Carbon Dividends also recently registered to lobby on its own behalf.
And the big K Street firm Squire Patton Boggs began lobbying for them last year.