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Axion-like early dark energy (EDE) as an extension to $\Lambda$CDM has beenproposed as a possible solution to the 'Hubble tension'. We revisit this modelusing a new cosmic microwave background (CMB) temperature and polarizationlikelihood constructed from the {\it Planck} NPIPE data release. In a Bayesiananalysis, we find that the maximum fractional contribution of EDE to the totalenergy density is $f_{\rm EDE} < 0.061$ (without SH0ES) over the redshift range$z\in[10^3,10^4]$ and that the Hubble constant is constrained to lie within therange $ 66.9 < H_0 < 69.5$ km/s/Mpc (both at 95 \% C.L.). The data thereforefavour a model close to $\Lambda$CDM, leaving a residual tension of $3.7\sigma$with the SH$0$ES Cepheid-based measurement of $H_0$. A comparison with thelikelihood profile shows that our conclusions are robust to prior-volumeeffects. Our new CMB likelihood provides no evidence in favour of a significantEDE component.

Improved Planck constraints on axion-like early dark energy as a resolution of the Hubble tension