Climate Lawsuits Are About Grabbing Green, Not Going Green.
How superfund laws and legislators target energy companies for climate cash.
by Donald J. Kochan Mar 19, 2025
In an attempt to commit legislative thievery, New York Democrat Governor Kathy Hochul signed a bill into law on December 26 dubbed the “climate superfund” law. [emphasis, links added]
The new state law assigns a handful of energy producers sole blame for climate change and imposes corresponding financial responsibility for damages alleged to have resulted from it in the past, or which may occur in the future.
It compels the oil and gas companies to pay a shared $75 billion fine into a so-called “climate superfund.”
New York was the second state to launch such a superfund. Vermont did so last July, and it is battling a legal challenge to its law filed on December 30.
A civil lawsuit challenging the New York law has also been filed in federal court on February 6 by state attorneys general, representing 22 states that will be harmed if New York’s law can extraterritorially limit energy production in those states.
https://climatechangedispatch.com/climate-lawsuits-are-about-grabbing-green-not-going-green/