#climatesuperfund — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #climatesuperfund, aggregated by home.social.
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From March 2026...
Could #Maine make polluters pay for the cost of #climateChange ? Lawmakers want to study it first.
The Legislature on Tuesday passed a measure to study how much greenhouse gas emissions are costing the state, with Republicans opposed.
by Rachel Ohm, March 31, 2026
"Maine lawmakers Tuesday took a possible step toward establishing a program to recoup money from large, corporate polluters to pay for the impacts of climate change.
"The House of Representatives passed a bill that would study how much greenhouse gas emissions have cost the state in a 75-72 vote that fell largely along party lines. Two Democrats, Tiffany Roberts of South Berwick and Holly Sargent of York, joined with Republicans in opposition.
"The Senate passed the bill 19-13 earlier in the week with Democrats in support and Republicans opposed.
"The bill, LD 1870, sponsored by Sen. Stacy Brenner, D-Scarborough, started out as a proposal for a so-called #ClimateSuperfund that would collect fees from groups that extract #FossilFuels and refine crude oil and whose activities are found to contribute to certain levels of greenhouse gas emissions. The money would be used to fund climate change adaptation projects.
The version that was voted on this week, however, was revised to a proposal for a study of the cost to the state of greenhouse gas emissions from 1995 to 2024. The information is set to be submitted to lawmakers in a report due by Jan. 1, 2028."Archived version:
https://archive.md/aVdC2#MainePol #USPol #ResistanceIsFertile #BigOilKnew #ClimateCrisis #MaineEvents #Oiligarchy #CorporateColonialism #Oligarchy #Polluters #MakePollutersPay #CorporatePolluters #WaterIsLife #MakeCorporatePollutersPay #KeepItInTheGround #FossilFools
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"This session, #ClimateSuperfund bills have been introduced in California, Connecticut, Hawaii, Maryland, Massachusetts, New Jersey, Oregon, Rhode Island, Tennessee and Virginia.
While the bills are structured differently, they all seek to target the largest polluters — often covering companies that produced 1 billion metric tons of emissions over the last 30 or so years. Lawmakers say that applies to roughly 100 companies."
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"New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday."
"Fossil fuel companies will be fined based on the amount of greenhouse gases they released into the atmosphere between 2000 and 2018, to be paid into a Climate Superfund beginning in 2028."
#news #ClimateChange #ClimateNews #NewYork #ClimateSuperfund
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“Legal doctrine needs to adapt to meet the climate moment.”
https://hillheat.news/p/just-doctrine-ordered
#summerofheat #climate #uspol #climatecriminals #climatesuperfund
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Vermont close to becoming first state to charge Big Oil for climate damage - Enlarge / Ripton, VT - July 16, 2023: Ethan Poploski stood in front of ... - https://arstechnica.com/?p=2023116 #fossilfuelcompanies #climatesuperfund #climatechange #oilcompanies #superfund #flooding #vermont #policy #bigoil
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"It seems fossil fuel companies were able to become some of the most profitable enterprises in human history in part by avoiding the externality of dealing with catastrophic global climate change."
and boy is that externality big
https://hillheat.news/p/externality-commitment
#climatechange #climatesuperfund
#uspol -
" Bill that would make Vermont the first state to have a 'Climate Superfund' takes a key step forward
The #ClimateSuperfund Act directs the state treasurer to work with climate scientists to catalog the damage Vermont has seen due to #ClimateChange between 1995 and 2024 — and what it will cost to adapt to a warmer future with more volatile weather.
If the bill becomes law, #Vermont could start to seek damages in 2027."
WOW.