New York to Charge Fossil Fuel Companies for Greenhouse Gas Emissions
New York becomes the second state to enact a ‘polluter-pay’ Climate Change SuperFund Act. New Jersey, California, and Maryland could be next. Gov. Kathy Hochul on Dec. 26 signed New York’s Climate Change Superfund Act into law, a “polluter pays” liability statute certain to be challenged in court as a state preemption of federal regulatory