Sait Serkan Gurbuz / AP

President Trump issued an Earth Day statement Saturday that promotes his environmental approach and underscores his sharp break with Obama-era policies.

Why it matters: Trump's statement arrives amid the "March for Science" in Washington, D.C., and cities worldwide, where demonstrators are in the streets decrying Trump's moves to cut funding for science programs, and unwind various environmental and climate regulations.

My Administration is committed to keeping our air and water clean, to preserving our forests, lakes, and open spaces, and to protecting endangered species.—President Trump

What it doesn't say: The statement breaks with many of Obama's Earth Day messages by omitting any mention of climate change.

Battle lines: The 188-word statement seeks to parry arguments that Trump's aggressive deregulatory push will hurt the planet, arguing that the administration is "reducing unnecessary burdens" while being mindful of the environment.

  • It also appears to respond to the March for Science without mentioning it directly. "Rigorous science is critical to my Administration's efforts to achieve the twin goals of economic growth and environmental protection," it states.

Quick take: The statement has language that's consistent with the administration's skepticism of the scientific consensus on human-induced global warming. "[R]igorous science depends not on ideology, but on a spirit of honest inquiry and robust debate," it states, using the type of phrasing that's common in climate-skeptic circles.

Go deeper

"Hamilton" is a streaming hit for Disney+

Data: Google Trends; Chart: Andrew Witherspoon/Axios

The debut of "Hamilton" on Disney+ last Friday sent downloads of the app soaring over the weekend.

Why it matters: With theaters closed until 2021, "Hamilton" is the biggest litmus test for whether Broadway will ever be able to successfully transition some of its iconic hits.

Wall Street is no longer betting on Trump

Illustration: Sarah Grillo/Axios

Betting markets have turned decisively toward an expected victory for Joe Biden in November — and asset managers at major investment banks are preparing for not only a Biden win, but potentially a Democratic sweep of the Senate and House too.

Why it matters: Wall Street had its chips on a Trump win until recently — even in the midst of the coronavirus-induced recession and Biden's rise in the polls.

With new security law, China outlaws global activism

Illustration: Eniola Odetunde/Axios

The draconian security law that Beijing forced upon Hong Kong last week contains an article making it illegal for anyone in the world to promote democratic reform for Hong Kong.

Why it matters: China has long sought to crush organized dissent abroad through quiet threats and coercion. Now it has codified that practice into law — potentially forcing people and companies around the world to choose between speaking freely and ever stepping foot in Hong Kong again.