From Climate Extra

California Bill Requiring Firms To Pay For Climate Damage Faces Uphill Battle

May 1, 2024
A California bill that would require fossil fuel companies to pay the state potentially tens of billions of dollars for environmental and other damages caused by climate change is facing an uphill battle in the state legislature over its legality and implementation feasibility and amid strong opposition from labor unions. The measure echoes proposals in roughly half a dozen other states that seek to impose charges on fossil fuel producers for their role in causing climate-related damages, with backers drawing...


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