268
New York Passes Law Making Fossil Fuel Companies Pay $75 Billion for 'Climate Superfund'
(www.nysenate.gov)
Peanuts.
Might cover the gas subsidy for a month. Might.
this post was submitted on 29 Dec 2024
268 points (100.0% liked)
Climate - truthful information about climate, related activism and politics.
6455 readers
116 users here now
Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.
As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades:
How much each change to the atmosphere has warmed the world:
Recommended actions to cut greenhouse gas emissions in the near future:
Anti-science, inactivism, and unsupported conspiracy theories are not ok here.
founded 2 years ago
MODERATORS
$3billion per year has to be a joke.
It's not a lot ... $3B per state would be $150B ... still a joke.
She also said ""Repairing from and preparing for extreme weather caused by climate change will cost more than half a trillion dollars statewide by 2050." $500B/$75B suggests this is just a down-payment. Gets the ball rolling.
Good precedent, still far from enough though.
It’s tiny. But if the alternative is nothing I’ll take it.
What's the likelyhood this gets killed?
It's a step in the right direction.
Yeah, good luck actually getting that. Best they can do is a 25 dollar cheque
And who do you guys think will end up paying for this? It's basically a new tax, but at least the money is going to something I support.
And as stated, tax payers are already paying directly for this. The law is about making big oil directly contribute.
The expenses will happen no matter what.
Do you support cigarette taxes?