London Marathon signs landmark carbon removal deal
The London Marathon (LME), the first buyer of carbon-clearing sporting events, has completed its third portfolio purchase from market maker CUR8The purchase volume this time was 1,935 tons, and the total purchase volume reached 2,938 tons.CUR8 is the leading carbon removal science, procurement and management platform, bringing together the world's leading scientists and climate software to help global companies such as Coca-Cola HBC, ARUP and British Airways de-risk their net zero strategies.The London Marathon (LME), the world’s leading organizer of mass participation events and the first buyer of carbon-removing sporting events, has signed a third agreement with CUR8. The LME will purchase 1,935 tonnes of carbon removals from the global carbon removals market maker to support its progress towards net zero emissions.In 2022, the LME became the first sports organization to invest in carbon removal, investing its mandatory £26 levy on international players into carbon removal rather than offsets. The tax is introduced in 2021.This latest agreement will remove 1,935…
U.S. Transportation Department imposes landmark $50 million fine on American Airlines
Today, the U.S. Department of Transportation (DOT) announced a $50 million fine against American Airlines for multiple and serious violations of laws protecting aviation passengers with disabilities between 2019 and 2023. A U.S. Department of Transportation investigation into American Airlines found instances of unsafe physical assistance that sometimes resulted in injuries and degrading treatment for wheelchair users, as well as repeated failures to provide timely wheelchair assistance. American also mishandled thousands of wheelchairs, damaging them or delaying their return, leaving passengers without the equipment they needed to move. “The era of tolerating airlines’ poor treatment of passengers with disabilities is over,” U.S. Transportation Secretary Pete Buttigieg said in a media announcement. “With this penalty, we are establishing a new law for airlines that violate the civil rights of passengers with disabilities.” "By setting a level of penalties that exceeds airline operating costs, we aim to change the way the industry behaves and prevent this type of abuse from happening in…
ICYMI: Supreme Court overturns landmark Chevron case
In a landmark ruling, the Supreme Court overturned Chevron v. Natural Resources Defense Council, which gave federal agencies wide latitude to interpret laws. Judges can now interpret laws on their own, rather than defer to agencies, making it easier to overturn federal government regulations.What is Chevron DeferenceIn 1984, the Supreme Court decided Chevron v. Natural Resources Defense Council, a case involving the Environmental Protection Agency’s (EPA) interpretation of the Clean Air Act. The court ruled that because the law was vague, the EPA (and other federal agencies) should have leeway to interpret the statute. Moreover, Chevron said, courts should uphold the agency’s interpretation as long as it was reasonable, even if it differed from what the court considered to be the best interpretation of the statute.This principle became known as “Chevron deference” and became one of the most important decisions in administrative law. In the 40 years since Chevron, federal courts have cited it more than 18,000 times.Supreme Court overturns…
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