An Act To Establish A Climate Superfund Cost Recovery Program To Impose Penalties On Climate Polluters

Summary

The Maine Climate Superfund Act establishes a Climate Superfund Cost Recovery Program that can issue financial demands to entities responsible for at least one billion metric tons of greenhouse‑gas emissions from 1995‑2024. Collected payments are placed in a dedicated fund and used for projects that help communities adapt to climate impacts, such as flood protection, infrastructure upgrades, and health services. The law targets fossil‑fuel extraction and refining businesses and holds them liable for historic emissions.

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