💨 Abstract

Twenty-two U.S. states, led by West Virginia, have sued New York over a new law requiring fossil fuel companies to contribute $75 billion over 25 years into a fund for climate change damages. The states argue the law violates the U.S. Constitution and is preempted by the federal Clean Air Act, and could lead to job losses.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖