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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]

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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.

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[+] Coreidan -12 points 2 weeks ago (2 children)

Cool now shit will be even more expensive. All this means is the company will pass its additional expenses onto the customer.

More tax for the poor for problems caused by the rich. Fucking love this world.

Thanks you dumb cunts.

[–] 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.

[–] shalafi -2 points 2 weeks ago

Same people screaming about how obviously bad tariffs are will champion shit like this.