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September 1, 2026
Federal Judge Strikes Down New York's $75B Fossil Fuel Tax Law
- U.S. District Judge Brenda Sannes ruled the law conflicts with federal energy policy and is unconstitutional due to foreign affairs doctrine.
- The law, signed in 2024, aimed to collect $3 billion annually from major greenhouse gas emitters over 25 years for climate damage repairs.
- Governor Kathy Hochul's administration is reviewing the decision and considering an appeal, with climate activists urging action.
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3 Sources
- Court strikes down New York law that sought to hold fossil fuel companies liable for climate changeSep 1, 2026 at 3:59 PM · The Hill
- New York's plan to charge fossil-fuel producers $75B for climate change damages is struck downSep 1, 2026 at 3:59 PM · Independent
- New York's plan to charge fossil-fuel producers for climate change damages is struck down in courtSep 1, 2026 at 3:59 PM · AP