New Jersey Proposes Climate Superfund Bill to Charge Oil and Gas Companies for Environmental Damages

#Environment#Climate Change#Legislation#Supreme Court#Environmental Policy#Lawsuits#U.S. Supreme Court

1452+ Words Refined into 4 Facts by AI • 2 sources • 7h ago

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New Jersey's bill would impose fees on oil and gas facilities for climate initiatives.
The Climate Superfund aims to charge companies for environmental cleanups.
Advocates stress the need for polluters to fund infrastructure repairs.
Business lobby opposes the bill, claiming it raises gasoline prices.
The legislation would hold fossil fuel companies liable for climate change damages.

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Related Update: 7 hours later

Biden Administration Takes Stand on Climate Litigation

768+ Words Refined into 5 Facts by AI • 1 source • 0m ago

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President Joe Biden's administration urges U.S. Supreme Court action
Solicitor General Elizabeth Prelogar calls for dismissal of oil companies' appeal
Honolulu's lawsuit targets major oil companies like Exxon Mobil and Chevron
Prelogar opposes Republican-led states' lawsuit against Democratic states
Lawyer Theodore Boutrous argues for Supreme Court review

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