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Climate 'super fund' concept advances after committee debate
Summary
The Environment Committee voted Feb. 6 to raise a concept for a climate change 'super fund' despite objections that it could arbitrarily assign liability to companies and raise energy rates; supporters cited roughly $300 million in storm damage as rationale for further study and hearings.
The Environment Committee on Feb. 6 approved a concept to study a climate change “super fund,” advancing the idea to drafting and future hearings despite vocal objections from some members.
Chair (speaker 2) moved to raise the concept; Representative Mashinsky moved the motion and Representative Baumgartner seconded. Pat, identified in the transcript as the ranking member, said she had "great…
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