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New Jersey Targets Fossil Fuels with Climate Superfund Act

9/1/2025

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Story summary
  • New Jersey's Climate Superfund Act seeks to hold fossil fuel companies liable for climate damages, estimated at $1-2 billion yearly.
  • The bill's future is uncertain amid upcoming elections and business opposition, citing potential consumer cost increases.
  • Recent storms in Plainfield caused fatalities and damage, underscoring the need for climate resilience funding.