Hochul Signs Bill That Will Fine Fossil Fuel Companies $75 Billion to Pay For Damage Caused to Climate

New York Governor Kathy Hochul signed a $75 billion climate change bill that will fine fossil fuel companies for the damage caused to the environment.

“With nearly every record rainfall, heatwave, and coastal storm, New Yorkers are increasingly burdened with billions of dollars in health, safety, and environmental consequences due to polluters that have historically harmed our environment,” Governor Hochul said. “Establishing the Climate Superfund is the latest example of my administration taking action to hold polluters responsible for the damage done to our environment and requiring major investments in infrastructure and other projects critical to protecting our communities and economy.” ---More...