Governor Hochul has signed a groundbreaking law that will charge fossil fuel companies up to $75 billion for their contributions to climate change and natural disaster damage. This legislation, known as the Climate Change Superfund Act, aims to make polluters pay for the environmental costs they impose on the state. The law targets major oil, gas, and coal companies, potentially transforming the landscape of climate accountability in New York. While supporters view this as a significant step towards environmental justice, opponents argue that such costs may ultimately be passed on to consumers. New York is now poised to become the second state in the U.S. to hold polluters financially responsible for climate impacts, marking a pivotal moment in the fight against climate change.