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Government,
Environmental & Energy

Feb. 24, 2025

State's lawmakers revive 'climate superfund' bills

California legislators have introduced two bills aimed at making fossil fuel companies help pay for climate-related disasters. The proposed Polluters Pay Climate Superfund Act of 2025 would create a new fund to offset taxpayer costs from wildfires, extreme weather and other climate impacts. Business advocates warn of higher consumer costs and legal challenges.

Lawmakers have announced two "climate superfund" bills designed to force fossil fuel companies to help pay for climate-driven disasters.

Sen. Caroline Menjivar, D-San Fernando Valley, and Assemblymember Dawn Addis, D- Morro Bay, introduced their bills on Friday, the last day for lawmakers to introduce measures this year. SB 684 and AB 1243 share the title of The Polluters Pay Climate Superfund Act of 2025.

In a joint news release, they pointed to the 29 lives a...

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