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New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.

The law is intended to shift some of the recovery and adaptation costs of climate change from individual taxpayers to oil, gas and coal companies that the law says are liable. The money raised will be spent on mitigating the impacts of climate change, including adapting roads, transit, water and sewage systems, buildings and other infrastructure.

Fossil fuel companies will be fined based on the amount of greenhouse gases they released into the atmosphere between 2000 and 2018, to be paid into a Climate Superfund beginning in 2028. It will apply to any company that the New York Department of Environmental Conservation determines is responsible for more than 1 billion tons of global greenhouse gas emissions.

New York becomes the second state to pass such a law after Vermont passed its own version this summer. The laws are modeled after existing state and federal superfund laws that require polluters to pay to clean up toxic waste.


Я бы на месте нефтяников просто перестал продавать бензин на пару недель и выступил с публичными объяснениями, что мы мол закрываем лавочку в связи с принятым законом. Думаю, что благодарные избиратели очень быстро объяснят губернатору Хокул и др. народным избранникам, что их политическая карьера на этом заканчивается.

Чтоб два раза не вставать:
Investment bank Morgan Stanley (MS.N), opens new tab said on Thursday it had decided to leave the Net-Zero Banking Alliance, becoming the latest U.S. lender to quit the sector's top global climate coalition.

The decision by Morgan Stanley follows similar moves in recent weeks by Citigroup (C.N), Bank of America (BAC.N), Wells Fargo (WFC.N), and Goldman Sachs (GS.N).

"These exits reveal the inadequacy of voluntary commitments and underscore the urgent need for state-level leadership and regulation," Vanessa Fajans-Turner, executive director of Environmental Advocates NY, said in a statement.


Конечно - inadequacy. Кто не хочет - заставим. Если сможем.

Date: 2025-01-03 07:20 am (UTC)

Date: 2025-01-03 09:55 am (UTC)
From: [identity profile] oldkettle.livejournal.com
Как-то они скромно. Почему не с 1980 года? И убытки явно недооценены, 10% ВВП намного интереснее.

Toxic waste. Дбл блд.

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