Judge blocks New York climate superfund law
A federal judge ruled that New York cannot enforce a law requiring fossil fuel companies to pay 75 billion dollars for climate damages. The judge found the state measure preempted by federal law and the Clean Air Act.
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A federal judge ruled on Monday that United States state officials cannot enforce a $75 billion climate superfund law targeting energy producers. The decision blocks payments that would have required traditional energy companies to contribute $3 billion annually over 25 years.
