United States | Publication | July 2022
In April 2022, the Occupational Safety and Health Administration proposed revoking its approval of Arizona's occupational safety and health plan, saying the state has failed to adopt OSHA's emergency temporary standard for occupational exposure to COVID-19 and has a history of failing to meet its obligations under the plan. Under the federal Occupational Safety and Health Act of 1980, states may opt to develop and enforce their own occupational safety and health standards by obtaining federal approval for a state plan, a process Arizona completed in 1985.
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On March 9, 2023, the European Commission (EC) adopted changes to its State aid framework to support its “Green Deal Industrial Plan for the Net-Zero Age” (the Net Zero Plan) presented in February 2023. The Net Zero Plan is part of the European Green Deal, which aims to make Europe the world’s first climate-neutral continent by 2050.
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Global offshore wind investment faces a period of immense tremendous, but also immense challenges.
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Against the backdrop of continued growth and deepening of the GCC’s equity markets, as well as the tightening of lending criteria by many traditional commercial lenders post-COVID, convertible bonds and sukuk could provide corporates in the GCC region with an alternative source of funding in circumstances where other debt or equity financing options may not otherwise be possible.
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