💨 Abstract

New York state is facing a lawsuit over a new law that requires fossil fuel companies to contribute $75 billion over 25 years towards a state fund for climate change damage. West Virginia's Attorney General, John McCuskey, called the law unconstitutional at a press conference. The lawsuit was filed on Thursday, but a copy of the complaint was not immediately available. The fund aims to shift costs from taxpayers to oil, gas, and coal companies.

Courtesy: theprint.in

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