"“Too often over the last decade, courts have dismissed lawsuits against the oil and gas industry by saying that the issue of climate culpability should be decided by legislatures. Well, the Legislature of the State of New York – the 10th largest economy in the world – has accepted the invitation…”
Peanuts.
Might cover the gas subsidy for a month. Might.
$3billion per year has to be a joke.
It’s not a lot … $3B per state would be $150B … still a joke.
She also said "“Repairing from and preparing for extreme weather caused by climate change will cost more than half a trillion dollars statewide by 2050.” $500B/$75B suggests this is just a down-payment. Gets the ball rolling.
Good precedent, still far from enough though.
It’s a step in the right direction.
It’s tiny. But if the alternative is nothing I’ll take it.
What’s the likelyhood this gets killed?
Yeah, good luck actually getting that. Best they can do is a 25 dollar cheque
And who do you guys think will end up paying for this? It’s basically a new tax, but at least the money is going to something I support.
And as stated, tax payers are already paying directly for this. The law is about making big oil directly contribute.
The expenses will happen no matter what.
Do you support cigarette taxes?
