AG leading suit against NY effort to punish energy firms for climate change warns of major repercussions

Published: Monday, June 16, 2025 at 12:00 pm

**AG Challenges New York's Climate Law, Citing Economic Risks**

West Virginia Attorney General JB McCuskey is leading a multi-state effort to challenge a New York law that aims to hold fossil fuel companies accountable for climate change. The law, signed by Governor Kathy Hochul, could impose up to $75 billion in liabilities on energy firms through a "climate super-fund" based on their emissions. McCuskey argues that this initiative would have far-reaching negative consequences, impacting not only states heavily reliant on fossil fuels like West Virginia, Kentucky, and Pennsylvania, but also the broader national economy.

McCuskey contends that the law would lead to increased energy costs for all Americans, as fossil fuels remain a crucial source of reliable and affordable electricity. He highlights the irony of New York City residents, who benefit from the energy provided by these companies, supporting policies that could harm them. The Attorney General also points out that the law could drive up costs across various sectors, including commodities and transportation.

Governor Hochul defends the law, stating it's necessary to hold polluters responsible for environmental damage and invest in infrastructure. McCuskey also mentioned a similar lawsuit against a Vermont law, though that state's version does not have a $75 billion cap. Hearings in the New York case are expected to begin in July, with the Supreme Court likely to have the final say. McCuskey warns that if similar legislation is adopted by other states, it could bankrupt energy companies.

BNN's Perspective:

While the intent to address climate change is understandable, the potential economic repercussions of this New York law are concerning. A balanced approach is needed, one that acknowledges the need for environmental protection while also considering the economic realities of transitioning away from fossil fuels. The focus should be on finding solutions that don't disproportionately burden consumers or cripple essential industries.

Keywords:
climate change, fossil fuels, energy companies, New York, West Virginia, Attorney General, JB McCuskey, climate super-fund, energy costs, economy, litigation, Vermont, Supreme Court, environmental damage, Governor Kathy Hochul

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