Its new extraterritorial climate levy will hit workers across the U.S. for fossil-fuel production.

A new law looks to establish and support a state fund for infrastructure projects aimed at combating, repairing, or adapting ...

Large fossil fuel companies would have to pay fees to help New York fight the effects of climate change under a bill signed ...

New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the ...

New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the ...

Governor Kathy Hochul has signed the Climate Change Superfund Act into law, making New York the second state in the country ...

Large fossil fuel companies will be required to pony up money to New York state for damage caused by climate change under a ...

New York Governor Kathy Hochul signed a climate change bill into law empowering the state government to levy heavy fines on fossil fuel companies on Thursday. The fines will go to a “superfund” that ...

New York has enacted the Climate Change Superfund Act, requiring fossil fuel companies with significant greenhouse gas emissions to pay fees. The funds will support infrastructure projects aimed at ...

The law would raise $3 billion annually from major carbon polluters, requiring them to pay for climate damage based on their emissions.

Amber Bracken for The New York Times Supported by By David ... investments in companies that could help the world combat climate change. Among the businesses in their portfolio, four stood out ...