Current:Home > MyNew Jersey, home to many oil and gas producers, eyes fees to fight climate change -前500条预览:
New Jersey, home to many oil and gas producers, eyes fees to fight climate change
Fastexy Exchange View
Date:2025-04-08 22:24:40
TRENTON, 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! (1)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Sven-Goran Eriksson, Swedish soccer coach who was first foreigner to lead England team, dies at 76
- First criminal trial arising from New Hampshire youth detention center abuse scandal starts
- 18-year-old fatally struck by boat propeller in New Jersey, police say
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Taylor Swift Praises Charli XCX Amid Feud Rumors
- Famed Coney Island Cyclone roller coaster is shut down after mid-ride malfunction
- They fled genocide, hoping to find safety in America. They found apathy.
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- What’s behind the bloodiest recent attacks in Pakistan’s Baluchistan province?
Ranking
- Trump wants to turn the clock on daylight saving time
- Nevada men face trial for allegedly damaging ancient rock formations at Lake Mead recreation area
- Lydia Ko completes ‘Cinderella-like story’ by winning Women’s British Open soon after Olympic gold
- Nevada men face trial for allegedly damaging ancient rock formations at Lake Mead recreation area
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Mega Millions winning numbers for August 23 drawing; Jackpot soars to $575 million
- Emily in Paris Season 4’s Part 2 Trailer Teases New Love and More Drama Than Ever Before
- Bachelor Nation's Kaitlyn Bristowe Alludes to Tension With Tayshia Adams Over Zac Clark
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Bachelor Nation's Kaitlyn Bristowe Alludes to Tension With Tayshia Adams Over Zac Clark
Hone downgraded to tropical storm as it passes Hawaii; all eyes on Hurricane Gilma
Legendary USA TODAY editor Bob Dubill dies: 'He made every newsroom better'
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
What to know about the heavy exchange of fire between Israel and Lebanon’s Hezbollah
Kamala Harris’ Favorability Is Sky High Among Young Voters in Battleground States
NASA Boeing Starliner crew to remain stuck in space until 2025, will return home on SpaceX