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New York Passes Law Making Fossil Fuel Companies Pay $75 Billion for 'Climate Superfund'
(www.nysenate.gov)
Peanuts.
Might cover the gas subsidy for a month. Might.
this post was submitted on 29 Dec 2024
263 points (99.3% liked)
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$3billion per year has to be a joke.
It's not a lot ... $3B per state would be $150B ... still a joke.
She also said ""Repairing from and preparing for extreme weather caused by climate change will cost more than half a trillion dollars statewide by 2050." $500B/$75B suggests this is just a down-payment. Gets the ball rolling.
Good precedent, still far from enough though.
What's the likelyhood this gets killed?
It's a step in the right direction.
It’s tiny. But if the alternative is nothing I’ll take it.
Yeah, good luck actually getting that. Best they can do is a 25 dollar cheque