New York Governor Cathy Hotchol has signed legislation that creates a moving climate climate that brings 75 billion dollars of oil companies over the next 25 years to address climate emergency costs.
like Good men project She mentioned that the new law notes a link between pollution and harsh weather events, using scientific studies to determine financial responsibility.
It will help finance infrastructure such as coastal wet land restoration, Energy cooling systemsAnd improving storm water drainage without the return of taxpayers.
This practical approach comes at a time when climate -related reforms are expected to cost New York Living More than 65,000 dollars each By 2050.
The law unifies emissions, as the main pollutants face a great financial responsibility. For example, ARAMCO, the world’s largest oil company, will pay $ 640 million every year for pollution between 2000 and 2020.
This development has promising capabilities to spread throughout the country. Vermont He has already enacted similar legislation, and Marylandand MassachusettsAnd California They explore their own releases. This growing movement indicates a turning point for long -term dirty fuel investments, which have become increasingly fraught financial obligations compared to clean energy alternatives.
The transformation combines environmental protection and direct economic logic. Despite the Esg bubble Defective approachThe clean economy continues to gain strength. The money that funds the climate as soon as you support a flexible infrastructure, create job opportunities and Reducing costs For ordinary Americans.
While the industry is pushing back, the financial signals are clear: sunset began in the era of dirty fuel.
“These types of laws, which are likely to spread quickly between other countries and around the world, are working to deter those who invest in destroying the planet because they will expect huge losses,” he said. Blogger Enricue in In his analysis of legislation.
According to DANS, the American Institute of Petroleum, which represents about 600 members of the industry, criticized the law as a “punitive tax on American energy” and indicated that “assessing its legal options in this regard.”
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“It will be interesting to see how the courts deal with this,” I noticed.
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