In New York, no past commercial activity is ever safe from political risk. Last week, Governor Kathy Hochul signed the Climate Change Superfund Act into law. Over the next 25 years, it will collect $3 ...

“The Climate Change Superfund Act is now law, and New York has fired a shot that will be heard round the world,” said Sen. Liz Krueger, the bill’s sponsor in the Senate.

On Dec. 26, 2024, Governor Kathy Hochul signed New York’s Climate Change Superfund Act into law. If it survives the many legal challenges it is expected to face, the act has the potential to ...

“The Climate Change Superfund Act is now law, and New York has fired a shot that will be heard round the world,” said Sen. Liz Krueger, the bill’s sponsor in the Senate.

Breaking down New York’s Climate Change Superfund Act by: Johan Sheridan, Jamie DeLine. Posted: Dec 30, 2024 / 05:49 PM EST. Updated: Dec 30, 2024 / 05:49 PM EST (Getty Images) ...

New York, NY — On Friday, as New Yorkers struggle through another week of extreme heat, impacted families and advocates rallied outside Governor Hochul’s Manhattan office, demanding she sign the ...

Governor Kathy Hochul has signed the Climate Change Superfund Act into law, making New York the second state in the country to hold fossil fuel companies responsible for climate impacts.

New York's Climate Change Superfund Act aims to hold polluters accountable for climate change damages. The oil industry is lobbying to overturn the act and avoid paying for climate-related costs.

Enacted in 2019, the Climate Act requires New York to reduce economy-wide greenhouse gas emissions by 40% by 2030 and 85% by 2050 from 1990 levels, thereby reaching net zero emissions. 2019 N.Y ...