New York state law to now charge fossil fuel firms for GHG emissions

New York governor Kathy Hochul has signed a legislation to bolster the US state’s efforts to protect and restore the environment by requiring large fossil fuel firms to pay for critical projects that protect New Yorkers.
The legislation creates a ‘Climate Superfund’ to support New York-based projects that bolster the state’s resiliency to dangerous climate impacts like flooding and extreme heat.Read More