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Committee releases Climate Superfund Act after wide public testimony demanding polluters pay for climate damages
Summary
Assembly Bill A4696, the Climate Superfund Act, was released by the Assembly Environment Committee after broad public testimony urging major fossil‑fuel producers to pay for climate damages and fund state resilience projects.
Assembly Bill A4696, the so‑called Climate Superfund Act, was released from the Assembly Environment, Natural Resources and Solid Waste Committee after an extended public comment period in which municipalities, environmental nonprofits, faith groups and residents urged lawmakers to hold large fossil‑fuel producers financially responsible for state climate damages.
Supporters said the bill would provide a dedicated revenue source for mitigation, adaptation and community resilience projects by requiring “major emitters” to pay a share of damages tied to historical emissions. Ben Hagen of Isles, municipal officials from Red Bank, Monmouth Beach environmental commissioners, the League of Women Voters, Sierra Club New Jersey and a cross‑faith Interfaith Climate Action Group testified in favor,…
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