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| Presented By Bank of America |
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| Axios AM |
| By Mike Allen ·Apr 19, 2021 |
| ☕ Good Monday morning. Smart Brevity™ count: 1,189 words ... 4½ minutes. Edited by Zachary Basu. 💻 Please join Hope King and me tomorrow at 12:30 p.m. ET for a Hard Truths virtual event with the White House senior adviser for COVID response, Andy Slavitt ... White House senior policy adviser for COVID equity, Dr. Cameron Webb ... and California Surgeon General Nadine Burke Harris. Sign up here. |
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| 1 big thing: This week's big climate test |
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| Illustration: Aïda Amer/Axios |
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| At a virtual climate summit this week, President Biden's biggest hurdle for winning new commitments will be America's own on-again, off-again history, Axios' Andrew Freedman writes. - Why it matters: The world is off-course to meet temperature targets in the Paris Climate Agreement of 2015. The White House wants the summit Thursday and Friday to begin to change that.
The U.S. has been playing "red light, green light" on climate change for decades. The country played a leading role in brokering the Kyoto Protocol in 1995, but walked away in 2001. - The U.S. helped spearhead talks on the Paris agreement under President Obama, only to leave under President Trump — and rejoin under Biden.
So other countries — including China, by far the world's top emitter — question U.S. commitment to climate action. Context: The White House summit will be a major test of just how much credibility the U.S. lost on the global stage. |
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| 2. States court tech $ while bashing tech |
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| Illustration: Annelise Capossela/Axios |
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| Some of the country's fastest-growing states are publicly attacking Big Tech business practices on one hand, while courting its investment on the other, Axios' Kim Hart reports. - Why it matters: Tech companies are a holy grail for economic development, bringing high-paying jobs and prestige to aspiring tech hubs. But that's colliding with state leaders' efforts to rein in Big Tech.
Red states — including Texas, Florida and Arizona — are touting low tax rates and business-friendly regulatory environments. - Blue states, including Colorado and Virginia, highlight their high-skilled workforce and advantageous locations.
Keep reading for state of play in Texas, Arizona, Florida, Virginia and Colorado. |
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| 3. The state clobbered hardest by COVID ... |
 Data: Hamilton Place Strategies. Chart: Will Chase/Axios ... is New York. The job facing governments was to save lives and save jobs. Very few states did well on both measures. New York, almost uniquely, did particularly badly on both, Axios Capital author Felix Salmon writes. A new analysis from Hamilton Place Strategies shows New York lost 55,000 jobs per million inhabitants. That's the second-worst result in the country, behind only tourism-dependent Hawaii. - The Empire State saw 3,300 extra deaths per million inhabitants, compared to pre-pandemic trends. That's about the same as Arizona and Alabama. The worst outcome was in Mississippi, which had 3,800 excess deaths per million.
Two states — Idaho and Utah — saw net job gains. |
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| A message from Bank of America |
| A $1 trillion investment in sustainability by 2030 |
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| That's Bank of America's new target in its Environmental Business Initiative in order to accelerate the transition to a low-carbon, sustainable economy. Get more details on how this initiative will drive innovation to address climate change. |
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| 4. Pic du jour: Marine One night landing |
| Photo: Tasos Katopodis/Getty Images Marine One, carrying President Biden and Dr. Jill Biden, landed last night on the Ellipse — rather than the more common South Lawn — after their Delaware weekend. |
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| 5. Minneapolis verdict possible this week |
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| People rallied yesterday at 38th and Chicago, where George Floyd died. Photo: Brandon Bell/Getty Images |
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| As the world awaits a verdict in the Derek Chauvin trial, Minneapolis residents this weekend encountered National Guard troops throughout the city, Torey Van Oot and Nick Halter report for Axios Twin Cities. - For months, officials and residents have braced for the possibility of more unrest at the culmination of the trial. Operation Safety Net, a centralized command of state and local law enforcement, was formed to prevent a repeat of the fires and looting that followed George Floyd's killing last summer.
But the jury deliberations, which will begin following today's closing arguments, are coming at an especially fraught time. - The police shooting of 20-year-old Daunte Wright in nearby Brooklyn Center has raised already heightened community tensions ahead of the verdict.
- Crowd-control tactics, including tear gas, and treatment of the press sparked backlash from protesters, local lawmakers and even doctors.
- So businesses remain on edge.
📺 Broadcast networks plan to break in today at 10 a.m. ET with special reports on the start of closing arguments. |
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| 6. Disney's high hopes |
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| Courtesy Barron's |
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| After a year of closed parks, Barron's reports (subscription) on Disney CEO Bob Chapek's plan for roaring back: - "Mobile ordering is up to 84% of food purchases, versus 13% before the pandemic. For now, that's keeping guests apart. But it will also reduce lines and waiting times and improve profit margins and satisfaction scores long after the pandemic has passed."
- "Disney World's Epcot park is getting an overhaul, complete with a new restaurant-theme Ratatouille ride. The company's Hollywood Studios is getting the Galactic Starcruiser. Don't call it a "Star Wars" hotel, says Chapek — it's really where people will 'stay and get completely immersed in a 'Star Wars' experience for two days.' A new Avengers Campus is coming to Disneyland."
- 2022's film slate will bring a female Thor, a new Indiana Jones with Harrison Ford, a "Black Panther" sequel and a follow-up to "Avatar."
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| 7. Trump country resists jab |
 Data: CDC and The New York Times. Chart: Will Chase/Axios Counties with the most vaccine-hesitant residents voted for President Trump in 2020 by large margins. Vaccine-friendly counties generally had fewer Trump voters, Axios Vitals author Caitlin Owens writes. - But experts caution that it's important not to oversimplify the narrative. For example, many ruby-red Southern states have large Black populations as well as white Republicans.
- Black Americans are among the most likely groups to say they want to "wait and see" before getting the shot, and they face access barriers.
Ashish Jha, dean of Brown's School of Public Health, said: "It could ... be that those places did a lousy job making vaccines available." |
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| 8. Timeline of a turnabout |
| Graphic: "Meet the Press with Chuck Todd." Courtesy NBC News |
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| 9. "Make Me an Offer" |
| Illustration: The New Yorker's Barry Blitt. Used with permission. The New Yorker's Connie Bruck writes that super-agent Ari Emanuel, who just turned 60, is emerging from COVID with "a powerful group of investors and allies" as he renews his quest for global empire: Emanuel says that he has a habit when he gets interested in a subject. "I'll read an article, and I'll tag it, and I'll say, I want to talk to the person in that article, or I want to talk to that author — and I'll just start going down rabbit holes of things that make me curious," he said. "I call it creating serendipity. And it's created a large we." He mentioned cold-calling Michael Rapino, of the Live Nation events company; Emanuel is now on Live Nation's board. Elon Musk, cultivated in the same way, will soon join the board of Endeavor. ... [Emanuel] read an article about Marc Andreessen, the Silicon Valley venture-capital executive. "I call Marc out of the blue," Emanuel told me. "He picks up the phone, we meet, we talk, he comes down, I go to see him, da da da, we become friends. And then, after we have a relationship, I say to him, We're raising a bunch of money. I would like you as an investor — just put in a couple million dollars." Andreessen invested in the fund. Keep reading. |
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| 10. ⚽ War over soccer stunner |
| After plotting for years, 12 of Europe's richest soccer clubs announced a breakaway Super League that would constitute the beautiful game's biggest shakeup in decades. - Legal action to thwart the launch has already begun.
- The plan was instantly denounced by British Prime Minister Johnson and French President Macron.
- Headlines in the London sports pages: "FOOTBALL AT WAR ... CIVIL WAR ... IT'S WAR ... CRIMINAL ACT AGAINST FANS."
Why it matters, from N.Y. Times chief soccer correspondent Rory Smith (subscription): "Soccer is, as the historian David Goldblatt has written, a global cultural phenomenon of almost unparalleled scale. Cristiano Ronaldo is by some distance more famous now than the Beatles were even in their heyday." - "What soccer has become is testament to the richness of its heritage, to the stories told not by a handful of clubs but by hundreds of them."
What we're watching: An executive at a leading European club told The Guardian that it's a "massive game of poker." |
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| A message from Bank of America |
| A low-carbon, sustainable future |
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| "The private sector is well-positioned to ensure that the capital needed – at the scale it is needed – can drive the transition to a low-carbon, sustainable economy," said Bank of America vice chairman Anne Finucane. Bank of America is investing $1 trillion by 2030 to accelerate the transition. |
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| 💡 Axios AM is written in Smart Brevity®. Learn how your team can communicate in the same smart, clear style with Axios HQ. |
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