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Young people and Big Oil executives will join world leaders in September for the most high-profile summit on climate change since the 2015 UN conference that led to the Paris Agreement.

Why it matters: The New York event is aimed at encouraging countries to increase their pledges to the Paris deal, in the face of rising global carbon emissions, falling investment in renewable energy and an American president who denies there’s a problem at all.

Driving the news: The United Nations is hosting the event and there will be two notable developments outside its Manhattan headquarters...

  1. On Sept. 20, thousands of people, led by students, are signing up to walk out of their jobs and schools to demand the world stop using fossil fuels. Millions could participate globally in what organizers say will be the largest such movement.
  2. On Sept. 23, the world’s biggest oil and natural gas producers will huddle at an invite-only forum, where CEOs are expected to face critical questions from environmental experts.

What’s next: This is all building up to the UN's 2020 climate-change conference. That’s when countries are expected to formally establish more aggressive commitments. Next year is also when President Trump plans to formally withdraw from the Paris deal.

Read more about the impacts of climate change we're tracking:

Read Amy's weekly Harder Line column, which will tackle this topic Monday, in the daily energy newsletter Generate by Ben Geman. Sign up here.

Go deeper

Bipartisan group of senators unveil $908 billion COVID stimulus proposal

Sens. Joe Manchin (D-W.Va.) and Susan Collins (R-Maine) in the Capitol in 2018. Photo: Tom Williams/CQ Roll Call

A bipartisan group of senators on Tuesday proposed a $908 billion coronavirus stimulus package, in one of the few concrete steps toward COVID relief made by Congress in several months.

Why it matters: Recent data shows that the economic recovery is floundering as coronavirus cases surge and hospitals threaten to be overwhelmed heading into what is likely to be a grim winter.

Inside Patch's new local newsletter platform

Illustration: Annelise Capossela/Axios

Patch, the hyperlocal (and profitable) local digital news company, has built a new software platform called "Patch Labs" that lets local news reporters publish their own newsletters and websites, sources tell Axios.

Why it matters: It follows a growing trend of journalists going solo via newsletters at the national level.

Scoop: Politico stars plot new Playbook

Anna Palmer and Jake Sherman. Photo: Alex Wong/Getty Images

Three of Politico’s biggest reporting stars plan to launch a competitor to the company’s Politico Playbook franchise, sources tell me. 

Why it matters:  Jake Sherman, Anna Palmer and John Bresnahan will launch a daily newsletter in 2021 as a stand-alone company, the sources say. In effect, they will be competing against the Playbook franchise they helped create and grow.