SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (1509224)12/27/2024 2:57:05 PM
From: sylvester802 Recommendations

Recommended By
Fiscally Conservative
rdkflorida2

  Respond to of 1576654
 
BREAKING: New York’s Democratic Governor Kathy Hochul enrages MAGA by signing a law that will require fossil fuel companies to pay for climate damage repair.

And it gets even better…

The new state law requires the companies responsible for the bulk of emissions produced between 2000 and 2018 to pay out roughly $3 billion a year for the next 25 years.

State Senator Liz Krueger, a co-sponsor of historic bill, called it a “shot that will be heard ‘round the world.”

“Too often over the last decade, courts have dismissed lawsuits against the oil and gas industry by saying that the issue of climate culpability should be decided by legislatures,” she stated.

“Well, the Legislature of the State of New York — the 10th largest economy in the world — has accepted the invitation, and I hope we have made ourselves very clear: the planet’s largest climate polluters bear a unique responsibility for creating the climate crisis, and they must pay their fair share to help regular New Yorkers deal with the consequences,” she went on.

This makes New York the second state to pass a law like this behind Vermont. Due to New York’s massive economic, cultural, and political influence this will have far-reaching effects.

abcnews.go.com

Expect the rest of the blue state governors to come up with similar laws... I LOVE IT!!!!!