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With New Jersey Still Reeling From Summer Storms, Fossil Fuel Interests Fight ‘Climate Superfund’ Bill
Similar to laws passed in Vermont and New York, the legislation would require major oil companies to pay for past greenhouse gas emissions. But New Jersey municipalities haven’t rallied around the bill, and the Trump administration is strongly opposed.
By Jon Hurdle
Torrential rain and high winds killed at least five people and caused damage worth millions of dollars in New Jersey in July alone, but the fate of a bill that would require fossil fuel companies to pay for past damages from the changing climate and future resilience measures remains uncertain.