State Senate passes bill to make polluters pay for climate change - WNYT NewsChannel 13
State Senate passes bill to make polluters pay for climate change - WNYT.com NewsChannel 13
State Senate passes bill to make polluters pay for climate change
The New York State Senate has passed a bill that would put the cost of climate change on New York’s biggest polluters.
The Climate Change Superfund Act is now heading to the New York State Assembly for a vote.
The act would raise $3 billion a year by asking polluters to pay for climate costs. That dedicated funding would last for 25 years.
Taxpayers last year paid more than $2 billion for climate repair efforts, according to advocates.
Related Knowledge Center: Climate legislation
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.