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NY doesn't need a $3B tax hike. Save the Climate Change Superfund Act

3 0
17.04.2025

April is known as “Earth Month” — a hat tip to the annual Earth Day celebration and to welcoming warmer temperatures and first flowers. Yet April is also a month of financial anxiety, with Tax Day upon us.

This month, while New Yorkers file their returns, our representatives in Washington may be scheming to raise New Yorkers’ taxes by billions of dollars to protect the biggest oil companies.

As reported in the The Wall Street Journal, the oil industry has met with the president and congressional leaders to both overturn New York’s landmark Climate Change Superfund Act — a law that holds the worst polluters financially accountable for the damage caused by climate change — and more generally to block environmental litigation.

That meeting resulted in an executive order signed by President Donald Trump that attacks the state’s Climate Superfund law. While legal experts view the order as unenforceable, clearly the administration to siding with........

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