Climate superfund laws miss the mark — and drive up costs

Published



A troubling trend has been escalating across the Northeast, where states such as New York are enacting so-called “climate superfund” laws.

These laws seek to impose sweeping financial penalties on energy producers for past activities that were perfectly legal at the time. In doing so, these efforts raise serious questions about causation, fairness, and accountability. They are also likely to drive up energy costs.

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