‘Climate Superfunds’ Are Blowing Up Energy Bills

Fri, 29 May 2026 13:58:00 +0200

Vermont passed it first. New York followed with a $75 billion price tag attached. Now Minnesota wants in, and at least nine more state legislatures have similar bills in the queue.

The “climate superfund” concept, which imposes retroactive penalties on energy producers for emissions stretching back decades, is no longer a one-state experiment; it’s a coordinated effort to reshape American energy policy not through Congress but through an expanding web of state-level liability laws.

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‘Climate Superfunds’ Are Blowing Up Energy Bills