New York’s $75 Billion Climate Liability Law Faces an Uncertain Future
In 2024, New York Governor Kathy Hochul signed a law requiring large fossil fuel polluters to pay up to $75 billion in damages. However, after two years, a federal judge has ruled that the law conflicts with federal law and cannot proceed. The law that Hochul signed in December 2024 would have requi
<p>In 2024, New York Governor Kathy Hochul signed a law requiring large fossil fuel polluters to pay up to $75 billion in damages. However, after two years, a federal judge has ruled that the law conflicts with federal law and cannot proceed. The law that Hochul signed in December 2024 would have requi</p>