New York Governor Kathy Hochul has recently signed into law the Climate Change Superfund Act, imposing a staggering $75 billion in fines on fossil fuel companies for emissions dated between 2000 and 2018. While this move is framed as a bold step against "climate change", it might reflect an overhyped response to an issue that some argue is not as dire as portrayed. Additionally, this new law was announced not long after EPA's
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Is New York's $75 Billion Climate Fines a…
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New York Governor Kathy Hochul has recently signed into law the Climate Change Superfund Act, imposing a staggering $75 billion in fines on fossil fuel companies for emissions dated between 2000 and 2018. While this move is framed as a bold step against "climate change", it might reflect an overhyped response to an issue that some argue is not as dire as portrayed. Additionally, this new law was announced not long after EPA's