New York to fine fossil fuel companies $75 billion under new climate law
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 Fuels Could Pay Billions Under NY Climate Superfund Law
New York Gov. Kathy Hochul (D) on Thursday approved a law that allows the state to charge fossil fuel companies billions for climate change damage, marking a win for activists, dealing a blow to energy giants,
New York’s governor signs climate superfund bill into law
The law would raise $3 billion annually from major carbon polluters, requiring them to pay for climate damage based on their emissions.
Hochul signs $75B climate superfund bill targeting oil companies
Oil and gas companies could be on the hook for billions of dollars to compensate for environmental pollution after Gov. Kathy Hochul on Thursday signed the Climate Change Superfund Act, a long-cherished priority for advocates who blame global warming on fossil fuels.
NY governor approves plan to bill polluters billions for climate costs
New York Gov. Kathy Hochul on Thursday approved the Legislature’s bill requiring major polluters that contributed to global warming to pay $75 billion for repairs from major storms and other remediation resulting from climate change.
Gov. Hochul signs 'Climate Superfund' bill to combat impacts like flooding, high heat
Governor Kathy Hochul signed landmark legislation Thursday to bolster New York’s efforts to protect and restore the environment by requiring large fossil fuel c
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Fossil fuel extraction in PH rises by 13.7% in 2023 – PSA
The amount of fossil fuels extracted in the country has increased by 13.7 percent, according to the latest data from the ...
Florida keeps approving utility plans with lots of fossil fuels. Young adults are suing
The plaintiffs claim the Public Service Commission’s practice of approving utility plans based on fossil fuels violates their ...
Data Is Not The Fossil Fuel Of AI
Data is not the ‘fossil fuel’ of AI, natural resources are, and hopefully human life won’t be. As long as humans exist, so ...
Trump’s Choice to Run Energy Says Fossil Fuels Are Virtuous
Chris Wright, Donald Trump’s pick for energy secretary, says oil, gas and coal are key to solving global poverty. Some call ...
Rising desertification shows we can't keep farming with fossil fuels
Three-quarters of Earth's land has become drier since 1990. Droughts come and go—more often and more extreme with the ...
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Get real about renewables: Fossil fuels are here to stay | Ryan M. Yonk
The debate over fossil fuels has produced a narrative that is long on rhetoric and short on realism. Those who argue for a ...
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All eight Welsh Universities cut ties with fossil fuels industry
All eight Welsh universities have cut ties with the fossil fuels industry, following a landmark decision made by the ...
Musk once wanted ‘popular uprising’ against fossil fuels. What changed in his views on climate change?
Now he thinks for himself and realizes, yes, climate change is real, but it’s not nearly among the top problems right now,” a ...
Morningstar2d
Which Sustainable Funds Are Fossil-Fuel-Free?
By this definition, only a few sustainable funds avoid investing in fossil fuels altogether. By prospectus, just 91 of the 303 sustainable funds say they are fossil-fuel-free or even low carbon.
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Argentina Backs Both Fossil Fuels and Renewable Energy
Argentina is strategically diversifying its energy mix by developing renewable energy, ramping up oil and gas production, and ...