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22 states band together to sue New York over law that requires companies to make huge payouts — here's why it matters

Summary by thecooldown.com
New York is facing a major legal battle. Twenty-two other states are challenging its new law that demands fossil fuel companies pay for damages to our overheating planet, reported Reuters. What's happening? New York passed a law in December requiring coal, oil, and natural gas companies to contribute $75 billion over 25 years into a special fund. Starting in 2028, these companies will pay $3 billion annually based on how much they emitted betwee…

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thecooldown.comthecooldown.com
Lean Left

22 states band together to sue New York over law that requires companies to make huge payouts — here's why it matters

New York is facing a major legal battle. Twenty-two other states are challenging its new law that demands fossil fuel companies pay for damages to our overheating planet, reported Reuters. What's happening? New York passed a law in December requiring coal, oil, and natural gas companies to contribute $75 billion over 25 years into a special fund. Starting in 2028, these companies will pay $3 billion annually based on how much they emitted betwee…

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dailyclimate.orgdailyclimate.org
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Young plaintiffs in Juliana v. United States lose Supreme Court bid but say they'll continue their pursuit of climate justice

The U.S. Supreme Court has declined to hear a landmark climate lawsuit brought by 21 young Americans, ending a decade-long legal effort to hold the federal government accountable for its fossil fuel policies. But the case continues to have impact.Amy Green reports for Inside Climate News.In short:Juliana v. United States argued that the federal government violated the youth plaintiffs' constitutional rights by supporting a fossil fuel system des…

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dailyclimate.org broke the news in on Monday, March 31, 2025.
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