Carbon emissions

Carbon tax advocacy group registers to lobby

Illustration: Rebecca Zisser/Axios

Americans for Carbon Dividends has officially registered to lobby on its own behalf after only using the outside firm Squire Patton Boggs since launching last year.

Why it matters: The self-registration in addition to retaining Squire Patton Boggs signals the group's increasing activity on Capitol Hill, a spokesman said. The organization is promoting a tax that would return the revenues to the public.

BP's moves highlight Big Oil's slow diversification into power tech

BP Exploration Alaska headquarters in Anchorage, Alaska.
Photo by Lance King/Getty Images

BP's venture arm announced Thursday that it led a Series A funding round for Grid Edge, a British software company that helps buildings control and cut their energy use.

Why it matters: It's the latest sign of how oil majors are boosting their investments in power technologies, EV charging and other areas outside their dominant fossil fuel lines.