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Climate Superfund Act Suffers Another Major Legal Setback

Original: Climate Superfund Act Dealt Another Major Legal Blow

The Climate Superfund Act, which would require large fossil fuel companies to pay for climate damages, has suffered another significant legal defeat. A court ruling has added to mounting legal challenges facing the law, which New Jersey and other states have pursued as a way to make polluters fund climate adaptation. Business groups have welcomed the outcome, while climate advocates warn it could derail state-level climate accountability efforts.

Why now: A fresh court ruling against the law has renewed debate over whether states can make energy companies pay for climate damages.

Climate Superfund ActNew JerseyNew Jersey Business & Industry Association

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