New York is sued over $75 billion climate superfund

 New York state was sued on Thursday over a new law requiring fossil fuel companies to contribute $75 billion over 25 years into a state fund that will pay for damage caused by climate change, West Virginia Attorney General John McCuskey said.

The law signed by Democratic Governor Kathy Hochul on December 26 creates a "superfund" to shift the cost to mitigate climate change to oil, gas and coal companies from taxpayers.

At a press conference, McCuskey, a Republican, called the law unconstitutional. A copy of the complaint was not immediately available.

https://www.yahoo.com/news/york-sued-over-75-billion-181756161.html