Two years ago, New York Governor Kathy Hohul signed into law a bill that fores fossil fuel companies to pay $75 billion for their carbon emissions allegedly linked to human caused climate change. Even a budget official with the governor’s office weighed in last month.
As a result, New York utility bills are through the roof and the governor has backtracked proposing to loosen statute.
However, to no one’s surprise, environmentalists aren’t having it.
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