US EditionNew York sued by 22 US states over $75 billion climate superfund
- Twenty-Two states, led by West Virginia Attorney General JB McCuskey, are suing New York over its Climate Change Superfund Act, demanding $75 billion from energy producers and claiming it is unconstitutional.
- The lawsuit argues that New York is unfairly blaming a few energy companies for greenhouse gas emissions from multiple sources and attempting to overreach its authority.
- The law requires fossil fuel companies to contribute to a fund for damages from 2000 to 2018 based on past emissions, according to the suit.
- A spokesperson for New York Governor Kathy Hochul expressed confidence in defending the legislation against the lawsuit and stated they would defeat "Big Oil" once again.
55 Articles
55 Articles
Exclusive | Businesses sue Hochul over ‘illegal and misguided’ $75B climate law, claiming it will cause a spike in costs to consumers
A coalition of business and trade groups is suing the Hochul administration over a law that will force oil, natural gas and coal companies to pay $75 million for spewing carbon emissions.
22 Republican AGs Sue to Stop New York’s Attempt to Make Fossil Fuel Polluters Pay for Climate Damages
A group of Republican attorneys general have brought a lawsuit against New York state over its 2024 Climate Change Superfund Act, claiming it is unconstitutional. Under the law, signed by New York Governor Kathy Hochul in December, the biggest greenhouse gas emitters in the United States from 2000 to 2024 are required to pay the state a total of $3 billion per year for 25 years, reported The New York Times. New York lawmakers say the law’s reach…
22 States Sue New York Over Climate Policy
Twenty-two states are suing New York over a law forcing energy producers to pay for the costs of “climate change” damage. The state’s Climate Superfund Act “could impose $75 billion of liability on major fossil fuel companies by requiring them to pay into a state ‘climate Superfund’ based on their past greenhouse gas emissions,” a release for the lawsuit says. The payments are based on emissions from 2000-2018. According to the New York law, it …
Coalition of 22 States Sue New York Attorney General Over Climate Superfund Law
New York was sued on Thursday by 22 other U.S. states over a new law requiring fossil fuel companies to contribute $75 billion over 25 years into a fund that will pay for damage caused by climate change.
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