Late last month we told you about New York Gov. Kathy Hochul’s plan to make residents of her state rediscover the joys of walking by making fuel unaffordable. Hochul’s new plan would basically make fossil fuel companies pay for any kind of damages that New York Democrats feel like blaming on climate change, because they sell the fuel that gets burned by vehicles, thereby making the weather worse, or something.
Energy companies won’t want to be based in New York after this:
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.
The law is intended to shift some of the recovery and adaptation costs of climate change from individual taxpayers to oil, gas and coal companies that the law says are liable. The…
