News Archive | Page 2 of 25

Dec 30 2024

Newsday: Hochul approves plan to bill polluters billions for climate costs

By Michael GormleyDecember 26, 2024 5:59 pm ALBANY — Gov. Kathy Hochul on Thursday approved the legislature’s bill to require the world’s biggest oil and gas companies to pay $75 billion for repairs from superstorms and other remediation forced by climate change. Supporters have lauded the bill as an ambitious effort to protect taxpayers from […]

Dec 30 2024

Albany Times Union: Hochul signs $75B climate superfund bill targeting oil companies

The superfund bill was a top climate priority this year. It will likely face court challenges from major fuel producers. By Raga Justin,Capitol Bureau Dec 26, 2024 ALBANY — Oil and gas companies could be on the hook for billions of dollars to compensate for environmental pollution after Gov. Kathy Hochul on Thursday signed the Climate […]

Dec 30 2024

The Buffalo News: New law requires fossil fuel companies to pay for climate change-fueled damages

December 26, 2024 Read the full article here. ALBANY – Gov. Kathy Hochul on Thursday signed a bill into law requiring companies that have burned fossil fuels and contributed to atmosphere pollution to help pay for damages caused by climate change. The new “climate change superfund” is expected to contribute a combined $75 billion over […]

Dec 26 2024

Upstate United: Gov. Hochul Irrationally Signs the Climate Change Superfund Act

The following statement can be attributed to Justin Wilcox, executive director of Upstate United “Governor Hochul’s decision to sign the Climate Change Superfund Act law is a misguidedmove that does a disservice to all New Yorkers, who already pay enough to fund the short-sighted measures linked to the CLCPA. This legislation, while aimed to address […]

Dec 19 2024

Upstate United: New Yorkers Need to Know How Much the CLCPA Costs

The following statement can be attributed to Justin Wilcox, Executive Director of Upstate United “The Department of Public Service’s failure to produce a second annual report containing a cost analysis of the Climate Leadership and Community Protection Act (CLCPA) as required by order of the Public Service Commission continues to be a glaring red flag. […]

Dec 13 2024

Spectrum News 1: Potential economic impact of HEAT Act raises concerns among New York business leaders

See the full story by Jack Arpey here. New York business leaders continue to push back against the New York HEAT Act as a week of climate action at the state Capitol continued Thursday with advocates urging the passage of the bill this upcoming session. It comes after groups held a three-day sit-in urging Gov. […]

Dec 9 2024

Upstate United: Gov. Hochul Must Veto the Climate Change Superfund Act

The following statement can be attributed to Justin Wilcox, Executive Director of Upstate United “The irony of Governor Hochul cautioning residents ahead of winter storm warnings while also contemplating amendments to retroactively penalize the very companies that keep homes warm during the coldest months should not be lost on Upstate residents. Regardless of the resounding […]

Nov 25 2024

Politico: Trump victory further threatens New York’s climate goals

New York’s efforts to slash emissions face major risks from a second Trump administration. Environmental advocates press Gov. Kathy Hochul to step up. By: Marie J. French | 11/25/2024 ALBANY, New York — If President-elect Donald Trump follows through on his campaign promises, New York’s already-vanishing chances of achieving its climate goals will recede even […]

Nov 25 2024

Study: N.Y. households paying second highest tort costs

By Ryan Whalen Buffalo – Nov. 25, 2024 BUFFALO, N.Y. — According to a recent study by the U.S. Chamber of Commerce, the national tort system, which allows businesses and individuals to seek monetary compensation for harm done to them by others, cost $529 billion in 2022. Lawsuit Reform Alliance of New York Executive Director Tom Stebbins […]

Nov 19 2024

Upstate United: New York Ranks Worst in State Tax Competitiveness Index

The following statement can be attributed to Justin Wilcox, Executive Director of Upstate United “While New York State is leading the country in population loss and is projected to lose as many as 2 million residents in the next twenty-five years, the Tax Foundation has also recently ranked New York dead last in its 2025 […]