"We refuse to let the entire burden of climate change fall on the backs of our taxpayers while Big Oil reaps record profits at the expense of our future," Assembly Member Dinowitz said in a statement. "The Climate Change Superfund Act is a groundbreaking victory for accountability, fairness, and environmental justice."
The financial burden on New Yorkers stemming from climate change is significant...the Empire State shelled out $2.2 billion in taxpayer dollars to fund climate-related repairs, resilience, and community protection projects in 2023.
The law will analyze greenhouse gases emitted between 2000 - 2018 and assign fines proportionally to fossil fuel companies that contributed the most pollution...no reasonable corporate actor could have failed to anticipate regulatory action to address its impacts.
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