The Climate Change Superfund Act is now law, and New York has fired a shot that will be heard round the world: the companies most responsible for the climate crisis will be held accountable," said Senator Krueger. "Too often over the last decade, courts have dismissed lawsuits against the oil and gas industry by saying that the issue of climate culpability should be decided by legislatures. Well, the Legislature of the State of New York – the 10th largest economy in the world – has accepted the invitation, and I hope we have made ourselves very clear: the planet’s largest climate polluters bear a unique responsibility for creating the climate crisis, and they must pay their fair share to help regular New Yorkers deal with the consequences.
"And there’s no question that those consequences are here, and they are serious," Krueger continued. "Repairing from and preparing for extreme weather caused by climate change will cost more than half a trillion dollars statewide by 2050. That's over $65,000 per household, and that’s on top of the disruption, injury, and death that the climate crisis is causing in every corner of our state. The Climate Change Superfund Act is a critical piece of affordability legislation that will deliver billions of dollars every year to ease the burden on regular New Yorkers."
https://www.nysenate.gov/newsroom/press-releases/2024/liz-krueger/governor-signs-climate-change-superfund-act
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Dear Kelvin Thuranira kaberia Your climate love has received over 50 agrees! We have reached out to New York State Senate by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time
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It's important for leaders to take proactive measures like this to protect both the environment and the communities most affected by climate disasters.
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Holding polluters financially accountable encourages responsible practices and helps fund necessary climate mitigation efforts, which are essential for protecting communities and ecosystems from future harm.
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@walter_lungayi Holding polluters financially accountable is a crucial step in promoting more responsible practices and ensuring that the necessary resources are allocated to tackle climate change.
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This is a major step towards environmental sustainability
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This is quite a bold step that will ensure that we realize some change in the near future and deal with climate change for good
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@rosebellendiritu Every positive change is a step in the right direction
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This is a bold and ground breaking move.
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Money may not or can not change anything, if such a company goes on with it's practices as before it was hit by such a financial set back, due to this new legislation, but if the legislator accepts to turn arround their wrong practices, by asking directly the State to finance each of these companies, to come back with much cleaner plants or emmision free working methods, they would certainly change their "wrong doings" as they shouldn't invest in anything new and costly themselves.
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New York's Climate Change Superfund Act is a landmark move, holding major polluters accountable for their role in the climate crisis. By targeting oil and gas companies, it ensures they contribute to repairing climate damage and protecting communities from extreme weather costs. This bold legislation provides financial relief for New Yorkers while setting a global precedent for climate justice. It demonstrates that governments can demand accountability, paving the way for a fairer, more sustainable future. This is leadership that prioritizes people and the planet.