Dec 23, 2019

Podcast: 10 years in 12 minutes

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The 2010s: When all companies became tech companies

Tech companies dominated the 2010s, with the FANG stocks (Facebook, Amazon, Netflix, Google) helping the S&P 500 return more than 350% over the course of the decade. The index would have done even better had it included Domino's Pizza, which is also a tech company.

Why it matters: These companies don't look like the tech firms of earlier decades. They don't manufacture computer hardware; neither do they sell software. They don't even make high-tech planes, like Boeing, or high-tech cars, like Tesla.

Go deeperArrowJan 2, 2020

Big Tech data centers probably aren't a climate change time bomb

Data: Reproduced from an International Energy Agency report; Chart: Axios Visuals

An International Energy Agency analysis pushes back against concerns that data centers are a ticking carbon bomb as use of web-connected devices expands.

Where it stands: Power use by data centers consumes about 1% of global power (which isn't trivial in a world of still-rising emissions) and has changed little since 2015, they report.

Go deeperArrowJan 7, 2020

U.S. greenhouse gas emissions fell by estimated 2.1% in 2019

Power lines in California in 2019. Photo: Jane Tyska/MediaNews Group/The Mercury News via Getty Images

U.S. greenhouse gas emissions fell by 2.1% in 2019 due to a decrease in national coal consumption, according to estimates from the Rhodium Group released Tuesday.

Why it matters: Power generated from coal plants fell by a record 18%, and overall emissions from the power section declined by almost 10% — despite an increase in emissions from natural gas.

Go deeperArrowJan 7, 2020