Twenty-two states, led by West Virginia, are suing to block New York's Climate Change Superfund Act, which mandates major fossil fuel companies to pay $3 billion yearly for 25 years to combat climate change effects. The law aims to fund infrastructure repairs for extreme weather damage, applicable from 2028. Critics argue it unjustly holds companies accountable regardless of their base locations. The lawsuit emphasizes potential threats to national energy independence, as stated by West Virginia's attorney general, who warns of negative economic consequences if such policies are enforced broadly.
The legislation overreached by seeking to hold energy companies liable in New York no matter where they are based, said West Virginia Attorney General John B. McCuskey.
This lawsuit is to ensure that these misguided policies will not lead America into the doldrums of an energy crisis, allowing China, India and Russia to overtake our energy independence.
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