Reproduced from IEA; Chart: Axios Visuals

An International Energy Agency analysis finds that remote work produces net energy savings in households that otherwise commute by car, because the drop in motor fuel use outweighs increased residential energy needs.

Why it matters: It's one thing that will influence carbon emissions levels going forward. "[F]or people who commute by car, working from home is likely to reduce their carbon dioxide (CO2) footprint if their journey to work is greater than about 6 kilometers," they note.

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Oct 22, 2020 - Axios Events

Watch: How the pandemic has changed the energy industry

Axios will host a conversation on Wednesday, October 28 at 12:30pm ET on how the pandemic has affected the environment and the energy industry and how these shifts will have a lasting impact on the private sector's approach to renewable energy, featuring Sunrun co-founder and CEO Lynn Jurich and New York's Deputy Secretary for Energy and Environment Ali Zaidi.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

Wall Street is living up to its bad reputation

Illustration: Sarah Grillo/Axios

Recent headlines will have you convinced that Wall Street is hell-bent on living up to all of its stereotypes.

Driving the news: Goldman Sachs is the biggest and the boldest, paying more than $5 billion in fines in the wake of the 1MDB scandal, in which billions were stolen from the people of Malaysia.

2 hours ago - Health

Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk

Former FDA commissioner Scott Gottlieb said "the short answer is yes" when asked whether Vice President Mike Pence is putting others at risk by continuing to campaign after several aides tested positive for COVID-19, stressing that the White House needs to be "very explicit about the risks that they're taking."

Why it matters: The New York Times reports that at least five members of Pence's inner circle, including his chief of staff Marc Short and outside adviser Marty Obst, have tested positive for the virus. Pence tested negative on Sunday morning, according to the VP's office, and he'll continue to travel for the final stretch of the 2020 campaign.