Gov. Kathy Hochul has signed a bill that requires fossil fuel companies to pay for climate change resilience projects.

New York Gov. Kathy Hochul (D) on Thursday signed a law that will require companies responsible for large amounts of planet-warming pollution to contribute to climate damage repair efforts. Under

The superfund bill was a top climate priority this year. It will likely face court challenges from major fuel producers.

Gov. Kathy Hochul signed a law on Thursday that requires fossil fuel companies to pay billions for their role in the climate crisis. The move makes New York the second state in the U.S. to hold oil manufacturers accountable for supporting projects that protect against the damages of floods, hurricanes and other climate disasters.

Kathy Hochul on Thursday approved the Legislature’s bill to require major polluters who have contributed to global warming to pay $75 billion for repairs from superstorms and other remediation forced by climate change that has so far been paid by taxpayers.

Humbug! New York Gov. Kathy Hochul is under fire for making scores of eyebrow-raising vetoes as 2024 ends – including giving a thumbs down to legislation that would ensure greater transparency to emergency government contracts.