Court knocks down NY climate 'superfund' law, casting doubt on NJ bill
A federal judge struck down New York’s climate 'superfund' law that would have charged fossil fuel companies up to $75 billion over 25 years for climate resilience projects, ruling it preempted by federal law (Clean Air Act/Foreign Affairs Doctrine). The decision raises questions about a similar New Jersey bill that had gained momentum, with opponents warning it could face the same legal hurdles, while supporters argue New Jersey’s different circuit stance may allow it to survive. The ruling comes as Ida’s anniversary underscores the push for funding to protect against future storms.