I personally think this is a Big Deal.
This bill uses the logic of “superfund” (where historic polluters, contribute funds with local, state, and federal governments to clean up local contamination) to apply to the historic atmospheric build up of CO2 from fossil fuel companies. The funds will help NY build infrastructure to address climate change.
It passed the NY house and the NY senate!
You can read more about the bill here, https://www.nysenate.gov/legislation/bills/2023/S2129/amendment/A
S2129A
Some of the text:
