Current:Home > StocksWill Sage Astor-New Jersey, home to many oil and gas producers, eyes fees to fight climate change -文件: temp/data/webname/news/nam2.txt
Will Sage Astor-New Jersey, home to many oil and gas producers, eyes fees to fight climate change
Robert Brown View
Date:2025-04-10 21:46:49
TRENTON,Will Sage Astor N.J. (AP) — It’s not an accident that “The Sopranos,” the quintessential show about New Jersey, opens with its main character driving past gasoline and oil storage tanks along the New Jersey Turnpike.
From the outskirts of New York to the Delaware River shoreline across from Philadelphia, New Jersey is home to numerous oil and natural gas facilities.
Those facilities would be charged fees to help the state fight the effects of climate change under a bill being considered in the state Legislature.
The measure, to be discussed Thursday in a state Senate committee, aims to create a Climate Superfund similar to the pot of money assembled by the federal government to clean up toxic waste by charging petroleum and chemical companies an extra tax to fund ongoing cleanups.
It’s a tactic being used or considered in numerous other states, including Vermont, which recently enacted such a law. New York, Maryland, Massachusetts and California are among states considering doing likewise.
“It’s more important than ever that Gov. Murphy and state legislators protect New Jersey taxpayers and the health of our communities by making polluters pay to repair, upgrade and harden our critical infrastructure from climate-driven damage,” said Matt Smith, New Jersey Director of the nonprofit Food & Water Watch.
New Jersey’s business lobby is already working against the bill. Ray Cantor, an official with the New Jersey Business and Industry Association, said the bill will accomplish nothing beyond raising the cost of gasoline for motorists, and gas and oil for home heating customers.
“There are many things wrong with the bill, beyond the fact that it seeks to impose a retroactive liability on companies that were providing a legal, necessary and vital product to the citizens of the state,” he said. “It’s unconstitutionally vague in assessments of costs, and will likely be preempted by federal law. It will do nothing to reduce greenhouse gas emissions or impact climate change.”
His criticism echoed that voiced by the oil and gas industries when Vermont’s bill became law in May.
The New Jersey bill “would establish that certain fossil fuel companies are liable for certain damages caused to the state and its residents by the harmful effects of climate change.”
The burning of fossil fuels including oil, gas and coal is a major contributor to climate change.
The proposal would impose as yet unspecified charges on fossil fuel producers that would go to the state Department of Environmental Protection, which would distribute the money as grants to pay for programs to adapt to climate change and make the state more resilient to severe weather.
The state would take two years to assess damages to New Jersey that have resulted from greenhouse gas emissions from the burning of fossil fuels since 1995, and would establish “that each responsible party is strictly liable” for those damages.
___
Follow Wayne Parry on X at www.twitter.com/WayneParryAC
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (12195)
Related
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Harry Potter's Bonnie Wright Is Pregnant, Expecting First Baby With Husband Andrew Lococo
- Sharna Burgess Details Brian Austin Green and Megan Fox's Co-Parenting Relationship
- U.S. Powers Up on Solar as Manufacturing and Installation Costs Fall
- Buckingham Palace staff under investigation for 'bar brawl'
- Pregnant Rihanna Has Finally Graced the 2023 Met Gala With Her Very Fashionable Presence
- Get a $65 Deal on $142 Worth of Peter Thomas Roth Anti-Aging Skincare
- Sophie Turner Pens Message on Privacy After Accidentally Sharing Video of Her and Joe Jonas’ Daughter
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Selling Sunset’s Mary Fitzgerald Bonnet Teases How Cast Was Going Crazy During Season 6
Ranking
- Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
- Seth Meyers Admits Being Away From the Kids Is the Highlight of Met Gala 2023 Date Night With Alexi Ashe
- Angelina Jolie's Son Maddox Is All Grown-Up During Rare Public Appearance at White House State Dinner
- Jessica Chastain Debuts Platinum-Blonde Hair Transformation at Met Gala 2023
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- All the Details on Chad Michael Murray and Scott Patterson’s Gilmore Girls Reunion
- Adele and Rich Paul Dress Comfy for Date Night at Lakers Game
- Edward Garvey
Recommendation
How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
Target's Under $30 Mother's Day Gifts Are Perfect for Every Mom
Olivia Wilde Has Unexpected Twinning Moment With Margaret Zhang at the Met Gala 2023
Ryan Seacrest Reacts to Mark Consuelos’ First Week on Live With Kelly & Mark
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
James F. Black
These Jaw-Dropping Met Gala Looks Are the Best Red Carpet Moments of All Time
Jennifer Lopez Just Dropped Her Second Exclusive Shoe Collection With Revolve