Ready to launch New Jersey's Climate Superfund bill.
The planet is burning, and lawmakers in a half-dozen states believe that it’s time for those responsible for turning up the heat to pay up.
McKeon’s argument is similar: Storms continue to slam our state, hurricanes and floods are now common, and sea levels are rising. And since all that is related to climate change, Big Oil should pitch in. The author of New York’s law – the venerableWhether these bills will hold up against litigation, however, is another matter. We spoke with McKeon last week.A. Actually, we’re all searching for a number, and some of the foremost experts in the state weren’t able to be helpful.
Q. That’s an interesting distinction: The bill seeks payback for the damage, not for the deception. On the other hand,A. Right, it’s not about deception, which is why we didn’t go deeper than 1995. The point is, they sure knew by then. So we’re actually giving them the benefit of doubt that they didn’t recognize the profound damage that burning fossil fuels would create. But once they certainly knew, they continued to produce and to profit at record levels. That’s the distinction.
Q. Are you concerned that these companies will pass the cost on to the consumer? How can you protect consumers from bearing the burden here? Do I share the theoretical frustration of government not having done more sooner? I absolutely do; that’s a valid criticism. But that’s not a shield from them being held responsible. Because given the profits they’ve generated, they weren’t going to say, “Well, you should have stopped us.”
@Nlopinion @Exmeter Environment Fossil-Fuels Energy Climate-Change Big Oil @Sub-Group-C @Sub-Group-B @Subscriberexclusive
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Schumer silent on Biden oil purchase after blasting Trump for 'bailout for big oil'Democrats were quiet when the Biden administration announced a purchase of millions of barrels of oil for the strategic reserves despite attacking Trump for trying to do the same.
Read more »
Sen. Tuberville, Sen. Britt react to Biden leaving presidential raceAlabama lawmakers are sharing their reactions to Biden’s announcement.
Read more »
Sen. Cory Booker vows to lead expulsion if Sen. Bob Menendez doesn't resignPressure is mounting on convicted felon Bob Menendez to resign from the U.S. Senate, but not everyone thinks he will.
Read more »
Here's Tuesday night’s lineup of RNC speakers - Live UpdatesFlorida Sen. Marco Rubio, Texas Sen. Ted Cruz, Florida Gov. Ron DeSantis are among the list.
Read more »
Manhattan is becoming a 'buyer's market' — blame people fleeing to FloridaBig incomes, big behinds with big portfolios are moving to big nothing Florida, which has big alligators but small taxes.
Read more »
China's cooking oil scandal prompts residents to buy oil presses amid food safety concernsA food safety controversy over cooking oil has sparked widespread anger among the public — and locals are taking it into their own hands to procure supplies.
Read more »