United States | News & Politics

2091 readers

570 users here now

Welcome to [email protected], where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

Post anything related to the United States.

founded 2 years ago

MODERATORS

[email protected]

New York Passes Law Making Fossil Fuel Companies Pay $75 Billion for 'Climate Superfund' (news.slashdot.org)

submitted 2 weeks ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

Thursday New York's governor signed new legislation "to hold polluters responsible for the damage done to our environment" by establishing a Climate Superfund that's paid for by big fossil-fuel companies.

you are viewing a single comment's thread
view the rest of the comments

[–] BlackAura 7 points 2 weeks ago* (last edited 2 weeks ago)

To be fair that's not a bad thing. If this exposes the actual cost of fossil fuels then renewables suddenly look that much better.

If a company was just dumping waste products and now has to filter their output and clean up existing dumped waste, it helps realize the actual cost of producing whatever they make, and if it's passed on to the consumer that's great. Less people will buy it if they feel it's overpriced. That results in less waste overall.

Edit: if a company goes out of business from this then they were stealing from the public taxpayers and shouldn't have been in business at all.