A Democratic bill aimed at charging oil and gas companies for pollution could result in regressive costs for working families in the state, energy and economic experts say.

The governor’s approval of the Climate Superfund is good news and a welcome holiday gift for New York taxpayers.

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

The Climate Change Superfund Act imposes a total of $3 billion a year in fees to the largest oil and gas firms.

The superfund bill was a top climate priority this year. It will likely face court challenges from major fuel producers.

New York Gov. Kathy Hochul (D) on Thursday signed a law that will require companies responsible for large amounts of ...

Gov. Kathy Hochul approved a controversial law that will force oil, natural-gas and coal companies to fork over a staggering ...

The measure will seek to raise funds to pay for some of the damage caused by extreme weather events, which are becoming more ...

Gov. Kathy Hochul signed the Climate Change Superfund Act on Thursday, a bill sponsored by Bronx Assembly Member Jeffery ...

A new climate change superfund law in New York state will impose an estimated $75 billion in fees for companies that are the ...

Gov. Kathy Hochul signed a law on Thursday that requires fossil fuel companies to pay billions for their role in the climate ...

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