How utter stupid can these people be (including the dolts who buy this hogslop)? And even if you actually are that ignorant, do you REALLY believe the energy companies are going to absorb that cost? Really?


New York to Tax Fossil Fuel Producers $75 Billion for Climate Change Damages

​Gov. Kathy Hochul on Thursday signed legislation that will require fossil-fuel producers to pay $75 billion to supposedly help the state adapt to climate change. “This landmark legislation shifts the cost of climate adaptation from everyday New Yorkers to the fossil fuel companies most responsible for the pollution,” Ms. Hochul’s office declared.

The top implied admission is New York is both broke and desperate.​

https://mishtalk.com/economics/new-york-to-tax-fossil-fuel-producers-75-billion-for-climate-change-damages/

How utter stupid can these people be (including the dolts who buy this hogslop)? And even if you actually are that ignorant, do you REALLY believe the energy companies are going to absorb that cost? Really? New York to Tax Fossil Fuel Producers $75 Billion for Climate Change Damages ​Gov. Kathy Hochul on Thursday signed legislation that will require fossil-fuel producers to pay $75 billion to supposedly help the state adapt to climate change. “This landmark legislation shifts the cost of climate adaptation from everyday New Yorkers to the fossil fuel companies most responsible for the pollution,” Ms. Hochul’s office declared. The top implied admission is New York is both broke and desperate.​ https://mishtalk.com/economics/new-york-to-tax-fossil-fuel-producers-75-billion-for-climate-change-damages/
MISHTALK.COM
New York to Tax Fossil Fuel Producers $75 Billion for Climate Change Damages
Let’s discuss a bill signed by Gov Gov. Kathy Hochul and what it really means.
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