New York’s Climate Fund Blocked | US News

New York’s bold $75 billion climate reparations plan for fossil fuel companies has been struck down by a federal judge, who ruled the state overstepped its authority by attempting to enforce national energy and foreign policy matters. The decision, backed by the Justice Department, deals a major blow to Governor Hochul and climate advocates while boosting fossil fuel interests and Republican attorneys general. With the fund now off the table, the legal battle over state-led climate accountability is far from over — and other states may now hesitate to follow suit. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4434e232ae55d321