New York to charge fossil fuel companies over climate damage

New York to fine fossil fuel companies $75 billion under new climate law
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.
New York to charge fossil fuel companies over climate damage under new law
A new law looks to establish and support a state fund for infrastructure projects aimed at combating, repairing, or adapting to the effects of climate change.
Hochul signs law requiring fossil fuel companies to pay for natural disaster cleanup
New York Gov. Kathy Hochul (D) on Thursday signed a law that will require companies responsible for large amounts of planet-warming pollution to contribute to climate damage repair efforts. Under the new state law,
Hochul signs bill that could fine fossil fuel companies $75 billon for climate change
New York Governor Kathy Hochul signed legislation that will fine fossil fuel companies for climate change damages
Hochul mandates fossil fuel companies to pay billions for contributions to climate change
Gov. Kathy Hochul signed a law on Thursday that requires fossil fuel companies to pay billions for their role in the climate crisis. The move makes New York the second state in the U.S. to hold oil manufacturers accountable for supporting projects that protect against the damages of floods, hurricanes and other climate disasters.
New law requires fossil fuel companies to pay for climate change-fueled damages
Gov. Kathy Hochul on Thursday signed a bill into law requiring companies that have burned fossil fuels and contributed to atmosphere pollution to help pay for damages caused by climate change.
N.Y.'s new superfund law to charge billions of dollars in fines for fossil fuel polluters
A new climate change superfund law in New York state will impose an estimated $75 billion in fees for companies that are the biggest fossil fuel polluters.
New York to charge fossil fuel companies for climate change damage
Large fossil fuel companies will be required to pony up money to New York state for alleged damages caused by climate change under a bill signed by Gov. Kathy Hochul. Critics say the move will stifle innovation and drive up costs for energy consumers.
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New York's Climate 'Superfund' Is Costly, Arbitrary, and Unconstitutional
The post New York's Climate 'Superfund' Is Costly, Arbitrary, and Unconstitutional appeared first on Reason.com.