Maryland lawmakers debate a fee on major gas & oil companies for a Climate Change Adaptation and Mitigation Fund.
Maryland lawmakers debate the "Responding to Emergency Needs from Extreme Weather Act," which aims to establish a Climate Change Adaptation and Mitigation Fund targeting 40 largest gas & oil extracting/refining companies. A fee of $9bn over 10 years would be imposed, with funds used for infrastructure improvements. Advocates argue it's time for polluters to pay for climate impacts.
March 11, 2024
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