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flag New York and Vermont implement taxes on past carbon emissions from fossil fuel companies, sparking debate.

flag New York and Vermont have enacted laws taxing past carbon emissions from fossil fuel companies, with New York requiring a $75 billion payment for emissions since 2000. flag Critics argue the taxes are unjust and will increase energy costs for consumers, while supporters believe the taxes will hold companies accountable for climate change and promote renewable energy. flag Similar laws are anticipated in other states.

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