New Yorkers may be in for a new energy tax if Governor Kathy Hochul enacts climate Superfund legislation that attempts to stick energy companies with billions in new fees for alleged climate adaptation costs. The Superfund bill in New York comes as Vermont recently enacted a similar law, while states like Maryland and California discarded
Read More...California’s crusade against energy production is kicking into high gear with a series of bills, lawsuits, and new laws that threaten to send prices even higher across the Golden State. It’s no secret the state’s hostility towards oil and natural gas has already led to the highest gasoline prices in the country, rolling blackouts, increased
Read More...Supporters of climate litigation are leaning into alternative strategies to extract dollars from the American energy industry. Last Tuesday, Vermont’s state Senate passed a “climate superfund” bill that would fine American energy companies to pay for the effects of climate change. Similar legislation has also been introduced in Maryland, New York, Massachusetts, and most recently
Read More...The billionaire-funded climate litigation campaign against American energy companies has accomplished little in the near decade since its start, with the cases mired in procedural issues and setbacks along the way. Recognizing this, it appears the leaders of the Rockefeller foundations – the central strategists and financial backers of the lawsuits – have decided to hedge their lawfare bets and pursue
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