livingston
20×102mm Vulcan
22 states sue New York, alleging environmental fund is unconstitutional
ALBANY, N.Y. — Twenty-two states sued New York on Thursday, contending that a new law forcing a small group of major energy producers to pay $75 billion into a fund to cover climate change damage is unconstitutional.
The law requires major fossil fuel companies to pay into the fund over the next quarter-century based on their past gas emissions.
The lawsuit accuses New York state of trying to force energy producers and consumers in other states “to subsidize certain New York-based ‘infrastructure’ projects, such as a new sewer system in New York City.”
ALBANY, N.Y. — Twenty-two states sued New York on Thursday, contending that a new law forcing a small group of major energy producers to pay $75 billion into a fund to cover climate change damage is unconstitutional.
The law requires major fossil fuel companies to pay into the fund over the next quarter-century based on their past gas emissions.
The lawsuit accuses New York state of trying to force energy producers and consumers in other states “to subsidize certain New York-based ‘infrastructure’ projects, such as a new sewer system in New York City.”
22 states sue New York, alleging environmental fund is unconstitutional
“If we allow New York to get away with this, it will only be a matter of time before other states follow suit – wrecking our nation’s power grid.”
13wham.com
