Remember Whorchuls Fossil fuel tax?

[Jmac00]

Albany’s new fossil fuels ‘super-fund’ could hit consumers hard

The new fund penalizes oil companies and customers.

nypost.com

The climate superfund idea simply slaps retroactive fees onto a group of companies that sold products the state no longer views favorably. While in aggregate global fossil fuel use has amplified the greenhouse effect, these companies have emitted just a sliver of the world’s total.
The state can’t credibly say Company X’s emissions caused damage Y, which is why it’s not troubling itself with this necessary specificity.
The scheme doesn’t even hold the decision-makers from the “covered period” accountable; it is today’s company shareholders who are on the hook.

That the state’s time-machine taxation targets only firms with a legal tie to New York sets an obvious and different incentive: to flee.

Fossil fuel companies, the alcoholic beverage industry, Big Tech, and anyone else in a line of business that might find itself afoul of the public mood now have reason to consider leaving the state.

The retroactive nature of the law will sow deep concern about the state’s commitment to the rule of law itself.

Regardless of what the courts say, though, New York has made it clear to businesses that the state isn’t worthy of trust. Meant to mitigate flood damage, the Climate Change Superfund will prompt an exodus.

I can't wait until gasoline hits $5 to $6 per gallon. between James running a sham trial on Trump and this bullshit, there won't be anyone left in NY to keep the lights on

 

[Depick]

This is so arbitrary and weak I would be surprised if NYS collected a $1 of what they believe is owed.

What will happen is these companies will pull out of NYS jacking up prices to record levels punishing the average Joe.

 

[pshift]

This is set to kick in once #45/#47 eliminates congestion pricing in the city. This is just another shameless money grab.

 

[C3D]

Hawaii's law is well on its way to SCOTUS and will be struck down as preempted under the Clean Air Act.

 

[Robin]

Hey horcle, I have a novel concept for you, cut government spending! It is never enough for you blood suckers till the entire population is a tax slave!
Robin

 

[Hochulsucks1234]

I see this going to the Supreme Court and being squashed.

"The state can’t credibly say Company X’s emissions caused damage Y, which is why it’s not troubling itself with this necessary specificity."

There have been other cases where a state has tried to hold a company liable for something with no evidence. It generally does not work out so well.

 

[spat]

Hey horcle, I have a novel concept for you, cut government spending! It is never enough for you blood suckers till the entire population is a tax slave!
Robin

Communism is just capitalism with a 100% tax rate.

 

[Saltwater60]

Yes, we spoke about this already. I wrote a letter to her and never heard back. I asked how the state could keep buying products from these companies and if they did how they could legally fine them. I also asked is T NYS contributing as well since they support these companies and their infrastructure through purchasing their products. I think I called her a hypocrite as well. I’m shocked I never heard back.

 

[Apeman]

If these companies stopped delivering gas,oil, and propane to state run buildings this shit would end real quick. All they need to say is " you say we're creating pollution so we're doing the right thing and won't contribute to your states pollution issues." Once the state can't heat its buildings or fuel their vehicles they'll back down.

 

[ManualF150]

If these companies stopped delivering gas,oil, and propane to state run buildings this shit would end real quick. All they need to say is " you say we're creating pollution so we're doing the right thing and won't contribute to your states pollution issues." Once the state can't heat its buildings or fuel their vehicles they'll back down.

Just like converting everyone over to heat pumps. I got told NO by a company that would gladly sell me heat pumps. They told me it would cost me more in electricity, and how would I heat my house in an emergency?? Glad I listened to them.

I want to see all government buildings close off their NG lines and run electric heat pumps. No steam boilers or NG hot water heaters for their buildings. Then run them for 10 years and see how well it works out for them when they have no heat when the power goes out and they need some massive 1MW genset to heat a building.

Oh, I forgot, they need to be comfortable in their cozy offices while they rip us all off on our tax dollars.

Besides, I'm running a 98% efficient propane hot air furnace. How more efficient can you get??

To make them happy, I'm running a new electric non-heat pump water heater. There, I got something electric. C'mon... give me a fucking break.

Heat pumps and shit have their places, but it isn't for everyone.

Problem I see with taxing fuels is now it costs more to live and that also includes transportation of goods/food.

Do this, and more people will be running from NYS... which only drives more inflation/taxes.

 

[Jmac00]

Just like converting everyone over to heat pumps. I got told NO by a company that would gladly sell me heat pumps. They told me it would cost me more in electricity, and how would I heat my house in an emergency?? Glad I listened to them.

I want to see all government buildings close off their NG lines and run electric heat pumps. No steam boilers or NG hot water heaters for their buildings. Then run them for 10 years and see how well it works out for them when they have no heat when the power goes out and they need some massive 1MW genset to heat a building.

Oh, I forgot, they need to be comfortable in their cozy offices while they rip us all off on our tax dollars.

Besides, I'm running a 98% efficient propane hot air furnace. How more efficient can you get??

To make them happy, I'm running a new electric non-heat pump water heater. There, I got something electric. C'mon... give me a fucking break.

Heat pumps and shit have their places, but it isn't for everyone.

Problem I see with taxing fuels is now it costs more to live and that also includes transportation of goods/food.

Do this, and more people will be running from NYS... which only drives more inflation/taxes.

heat pumps are great if you're paying RG&E 4¢/Kw, or live in the deep south, but at 16¢/kw they are far to expensive to run in Western NY.

 

[pshift]

Meanwhile, the number of ghost plates and cars keep rising...