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LM Otero / AP

"I'm not going to say to the president of the United States 'Let's just walk away from the Paris accord,'" Energy Secretary Rick Perry said Tuesday at a Bloomberg New Energy Finance conference in New York. "But, what I'm going to say is that I think we probably should renegotiate it."

  • Why his position matters: Perry joins Secretary of State Rex Tillerson, Jared Kushner and Ivanka Trump in thinking the US should stay in the 2015 climate deal. Steve Bannon and Reince Priebus are on the other side.
  • Next steps: President Trump campaigned on withdrawing from or even canceling the deal (the latter which isn't technically possible), and will make a decision by the G-7 meeting at the end of May. A meeting of climate negotiators earlier in May in Germany could shed some light on which way the administration is leaning.
  • Speaking of Germany: At the conference, Perry called out Germany in particular for displaying ambitious rhetoric on addressing climate change but instituting policies, such as closing down nuclear plants, that ultimately increase its greenhouse gas emissions.

Go deeper

Battle for the soul of a new web

Illustration: Aïda Amer/Axios

A well-funded and intensely motivated chunk of tech's hive mind is finding common cause in a vast new project: rebuilding the web on a foundation of cryptocurrency and blockchain tech. They call it "Web3."

The big picture: Developers, investors and early adopters imagine a future in which the technologies that enable Bitcoin and Ethereum will break up the concentrated power today's tech giants wield and usher in a golden age of individual empowerment and entrepreneurial freedom.

First look: Biden summons top CEOs on supply chain

Photo: Alex Wong/Getty Images

President Biden will meet Monday afternoon with CEOs of big retailers, grocers and consumer-products firms to send this message, according to the White House: Products will be on shelves for holiday shopping.

Zoom out: Black Friday sales rebounded from 2020.

Thanksgiving box office shows theaters have long road to recovery

Photo of Disney's "Encanto;" Credit: Disney

Box office ticket sales over the Thanksgiving holiday show that consumer confidence in moviegoing is slowly improving, but not enough to bring the struggling theater industry back to pre-pandemic levels anytime soon, if ever.

Why it matters: "We may have to temper expectations a bit" for next year, said Comscore senior media analyst Paul Dergarabedian.