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Senate committee advances 'Climate Superfund' cost-recovery bill after hours of testimony
Summary
The New Jersey Senate Environment Committee voted to release the Climate Superfund Act (S3545) with committee amendments after a day of extensive public testimony and debate over retroactivity, federal preemption and who should pay for climate damages.
The New Jersey Senate Environment Committee voted to release the Climate Superfund Act with committee amendments after hearing more than a dozen witnesses and extended debate. Senator John McKeon, the bill’s prime sponsor, described the measure as “solely a cost recovery tool” to require the largest historic greenhouse-gas producers to pay for climate-related damages and resilience projects.
Advocates urged the panel to move the bill forward as a matter of fairness and fiscal responsibility. Maya Buantan Aronoff, a law student and volunteer with environmental groups, told the committee: “If you broke it, you fix it.” Testimony in favor included environmental…
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