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New York’s Retroactive Climate Law | Albany News
New York just passed a bold new law that could shake up the fossil fuel industry—forcing big polluters to pay up to $75 billion over 25 years for climate damage dating back to 2000. But here’s the twist: the law is retroactive, sparking furious legal battles over whether states can even legally hold companies accountable for past emissions. A federal judge has already questioned if this violates the Clean Air Act, and neighboring New Jersey is watching closely, with its own similar bill stalled. Environmental groups see it as a necessary state-level fix when Washington won’t act—but critics…
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