Large fossil fuel companies will now have to hand over punitive reparations to help New York fight the effects of “climate change” under a bill signed Thursday by Gov. Kathy Hochul (D).
AP reports a state fund for infrastructure projects meant to repair or avoid future damage from climate change has been set up to benefit from the payments.
Lawmakers approved the bill earlier this year to force big oil and gas companies to contribute to the cost of repairs after extreme weather events critics attribute directly to fossil fuel companies and their wares.
The US Department of Justice is going to be busy after it cleans its own house.
AP reports a state fund for infrastructure projects meant to repair or avoid future damage from climate change has been set up to benefit from the payments.
Lawmakers approved the bill earlier this year to force big oil and gas companies to contribute to the cost of repairs after extreme weather events critics attribute directly to fossil fuel companies and their wares.
New York to Force Oil, Gas Companies to Pay Reparations for 'Climate Change' Damage
Large fossil fuel companies will now have to hand over punitive reparations to help New York fight the effects of "climate change" under a bill signed by Gov. Kathy Hochul (D).
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The US Department of Justice is going to be busy after it cleans its own house.