Carbon emissions

A "cause for alarm" on global fuel economy

Freeways in Los Angeles. Photo: Ken Ross/VW PICS/UIG via Getty Images

The Global Fuel Economy Initiative (GFEI) report released via the International Energy Agency this week warned that the average fuel economy improvement rate for advanced countries slowed to only 0.2% per year between 2015 and 2017 — and "more than 20 countries experiencing a reversal in the evolution of their fuel economy."

Why it matters: It's nowhere near the GFEI target of 3.7% annual improvements in order to help control CO2 emissions.

Carbon removal tech is having a moment

Illustration: Rebecca Zisser/Axios

Silicon Valley startup accelerator Y Combinator has thrust carbon removal startups into the spotlight, amid growing concerns over climate change.

Why it matters: Venture capital's natural appetite for funding moonshots could make it a positive force — if it overcome disappointments from last decade's failed cleantech investments.

More stories loading.