Source: Stateline
“We’ve had disaster after disaster after disaster,” said Assemblymember Dawn Addis, a Democrat. “It’s the taxpayers and the insurance ratepayers that are bearing the cost. It’s not sustainable, it’s not right and it’s not ethical.”
Addis and Democratic lawmakers in nearly a dozen other states want to force the world’s largest fossil fuel companies to help pay for the recovery costs of climate-related disasters. Last year, Vermont became the first state to pass a “climate Superfund” law, followed soon after by New York.