AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- RHODE ISLAND CLIMATE SUPERFUND ACT OF 2026
Committee recommended measure be held for further study
Summary
The bill would set up a state fund that charges large fossil‑fuel producers for the money the state spends on projects that protect people and property from climate impacts. The Department of Environmental Management would calculate each company’s share based on their emissions from 2000‑2025, collect the payments, and reimburse municipalities, tribal governments and community groups. It applies the “polluter pays” principle to help finance coastal protection, flood control and other resilience work.
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