New York Climate Change Superfund Act
Sector: Oil and Gas • Location: New York, USA
Source: Euronews
New York has enacted a law requiring major fossil fuel companies to contribute $75 billion to a climate change damage fund over the next 25 years, based on their historic greenhouse gas emissions from 2000 to 2018. This fund aims to cover damages related to climate change and enhance the state's climate resilience plans.
- Status
- Prospective
- Sector
- Oil and Gas, Natural Gas, Government
- Location
- New York, United States of America
- Updated
- 22 Jul 2026
- Source
- Euronews
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Project Information
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Sponsoring Agency |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | New York has enacted a law requiring major fossil fuel companies to contribute $75 billion to a climate change damage fund over the next 25 years, based on their historic greenhouse gas emissions from 2000 to 2018. This fund aims to cover damages related to climate change and enhance the state's climate resilience plans. |
Original sector | Environmental |
Budget |
Location
Country | United States of America (USA) |
State | New York |
City | New York |
Source
Source | Euronews |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Natural Gas, Government |
Article published date | 2025-02-14 |
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