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UK Carbon Border Adjustment Mechanism: how will it work?
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
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United States | Publication | May 3, 2021
On April 28, 2021, the Ninth Circuit reversed a district court’s order preliminarily enjoining enforcement of California Assembly Bill 5 against motor carriers doing business in California. As readers know, AB 5 codified the “ABC” Test for classifying workers as either employees or independent contractors, as adopted by the California Supreme Court in Dynamex Operations W. v. Superior Ct., 4 Cal. 5th 903 (2018). In California Trucking Association v. Bonta, a split panel of the Ninth Circuit held the district court abused its discretion in enjoining enforcement of AB 5 on the grounds it was preempted by the Federal Aviation Administration Authorization Act (FAAAA). In so holding, the Ninth Circuit determined AB 5 “is a generally applicable labor law that affects a motor carrier’s relationship with its workforce and does not bind, compel, or otherwise freeze into place the prices, routes, or services of motor carriers.” As such, AB 5 is not preempted by the FAAAA.
In dissent, Judge Bennett wrote that, as applied to California Trucking Association’s members, the FAAAA preempted AB 5 because it both affects a motor carriers’ relationship with their workers and significantly impacts the services motor carriers are able to provide to their customers.
Publication
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Publication
Last November the Financial Conduct Authority (FCA) published Policy Statement 23/16 (PS23/16) containing final rules and guidance on sustainability disclosure requirements (SDR) and investment labels (UK SDR regime).
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International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
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