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Maine Climate Superfund Proposal Echoes Laws That Drew Trump Ire

Bloomberg Law News · last updated

Maine has joined a torrent of states pursuing payouts from fossil fuel companies to foot the bill for climate change adaptation projects such as flood protection and infrastructure upgrades.

The Maine Climate Superfund Act, introduced April 25 in the state’s House of Representatives, would put entities responsible for more than 1 billion metric tons of greenhouse gases from 2000 to 2024 on the hook for compensatory payments.

If the bill becomes law, the state treasurer would assess by 2026 how much planet-warming greenhouse gas emissions have cost Maine …