16 Hrs
Source:
Newsday
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Judge: NYS cannot charge firms for climate costs
A federal judge in Syracuse has invalidated New York’s climate Superfund law, ruling that the state overstepped federal authority by attempting to hold fossil-fuel companies financially responsible for climate-related damages. The law, enacted in 2024, aimed to require companies to pay billions for climate change impacts, but the judge concluded it conflicted with the federal Clean Air Act. The decision aligns with the Republican-led states and industry groups that challenged the law, and it blocks New York from pursuing its $75 billion fund over 25 years.
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