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Reproduced from EIA; Chart: Axios Visuals

The amount of natural gas released or burned at oil-and-gas wells reached a record high in 2019 due to growth in Texas and North Dakota, per Energy Information Administration data.

Why it matters: Venting directly releases the highly potent planet-warming gas methane, while flaring (or burning) produces CO2 emissions and also allows some methane escape.

What we're watching: The incoming Biden administration has vowed to crack down on the practice, while a number of oil-and-gas companies have also pledged to improve performance.

Go deeper

Amy Harder, author of Generate
Jan 22, 2021 - Energy & Environment

After a banner 2020, cleantech poised to accelerate under Biden

Data: FactSet; Note: XOP is an exchange-traded fund (ETF) of U.S.-based oil and gas stocks. ICLN is an ETF of global clean energy stocks. Chart: Axios Visuals

After booming in 2020, stocks of clean-energy companies are poised to keep going up with President Biden pushing policies favorable to their bottom lines.

Where it stands: Cleantech stocks have blown past their last high in the mid-2000’s, which burst in the 2008 financial crisis. Not so far this time despite the pandemic crushing economies everywhere — and the oil industry.

Mike Allen, author of AM
Jan 21, 2021 - Politics & Policy

Biden-Harris, Day 1: What mattered most

President Joe Biden and first lady Dr. Jill Biden arrive at the North Portico of the White House. Photo: Alex Brandon-Pool/Getty Images

The Axios experts help you sort significance from symbolism. Here are the six Day 1 actions by President Biden that matter most.

Driving the news: Today, on his first full day, Biden translates his promise of a stronger federal response to the pandemic into action — starting with 10 executive orders and other directives, Caitlin Owens writes.

House passes $768 billion defense spending bill

Photo: Andrew Harrer/Bloomberg via Getty Images

The House approved a $768 billion National Defense Authorization Act (NDAA) for the 2022 fiscal year in a bipartisan 316-113 vote on Thursday.

Why it matters: The annual bill, which authorizes Pentagon spending levels and guides policy for the department, would require women to register for the military draft, among other provisions.

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