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There was a burst of Beltway chatter about carbon taxes yesterday afternoon. If you missed it, here's what happened:
Why it matters: The (briefly) muddled signs on carbon taxes are part of a larger uncertainty about where exactly Trump will land on climate change. Yes, he's very gung-ho about dismantling EPA rules and other domestic climate policies. But the White House has given mixed signals about whether the U.S. will abandon the Paris climate accord, and whether Trump still flatly disputes climate science.
Oil majors are getting very serious: Bloomberg nicely lays out how the most powerful companies are "jumping into American shale with gusto" with a surge of new investments.
Marathon Oil expands Permian foothold: The big independent company is spending $700 million to snap up acreage on the New Mexico side of the Permian basin, where production is booming.
, in an analysis saying two forces are converging that shale is booming while mega-projects from the industry's big capital spending days of 2011-2013 are coming online. The result could be oversupply in the next couple years.
Happening today: The Senate Environment and Public Works Committee will probably approve bipartisan legislation that aims to bolster the Nuclear Regulatory Commission's ability to license next-wave nuclear reactor technologies.
The Breakthrough Institute is out with a new report titled, "How to Make Nuclear Innovative: Lessons From Other Advanced Industries." Their bottom line about this languishing industry:
Sometimes I read things so you don't have to.
From the left: Democratic uber-operative John Podesta, the force behind lots of Obama climate policies, has a new piece on climate activism in the Trump era. Some takeaways from his Center for American Progress essay:
From the right: Oren Cass of the Manhattan Institute, a top adviser to Mitt Romney's 2012 run, argues in Foreign Affairs that while human-induced climate change is real, the level of despair and freakout is way out of sync with what's projected about the severity and economic impact.
The amount of coal-fired power under development worldwide took a sharp downturn in 2016, according to a new data from several green groups, owing mostly to coal-hungry China and India hitting the brakes.
Here are some top-line findings:
Why it matters: The groups — CoalSwarm, the Sierra Club and Greenpeace — say the the shrinking global coal pipeline puts the goal of holding global warming to 2°C above pre-industrial levels "within feasible reach."
Thanks for reading! Please check out the Axios stream for more coverage, and I'll see you right back here tomorrow morning.