New York Gov Signs Landmark Climate Change Bill

The New York Times reports:

Gov. Kathy Hochul of New York on Thursday signed a law that requires companies that are big fossil fuel polluters to help pay to repair damage caused by extreme weather, which is becoming more common because of greenhouse gas emissions.

The legislation, called the Climate Change Superfund Act, mandates that the companies responsible for the bulk of carbon emissions buildup between 2000 and 2024 pay about $3 billion each year for 25 years.

The law was modeled on the original Superfund law, which was established in 1980 and requires companies to pay for the cleanup of toxic waste wrought by incidents like oil and chemical spills.

Read the full article.

New: Gov. Kathy Hochul has signed the NY climate superfund bill, which will require

READ MORE OF THIS POST AT Joe My God