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New York Climate Change Oil & Gas

Foley Hoag LLP - Environmental Law

New York State Amends Landmark “Climate Change Superfund Act” Amidst Legal Challenges

We previously reported on New York State’s enactment of the Climate Change Superfund Act (the “Climate Superfund Act” or the “Act”), groundbreaking legislation that seeks to recover $75 billion from fossil fuel producers for...more

Fox Rothschild LLP

New York’s Climate Change Superfund Act: What You Need to Know

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On December 26, 2024, New York Governor Kathy Hochul signed into law S02129B, also known as the New York Climate Change Superfund Act (Act). This law is modeled after the federal Comprehensive Environmental Response,...more

Vinson & Elkins LLP

New York Passes Climate Superfund Legislation

Vinson & Elkins LLP on

On December 26, 2024, New York Governor Kathy Hochul signed the Climate Change Superfund Act (“CCSA” or the “Act”) into law. The law requires certain fossil fuel producers and refiners with sufficient connections to New York...more

Jones Day

New York Enacts Climate Change Law That Fines Companies for Historical Emissions

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On December 26, 2024, New York enacted a law requiring certain energy companies to contribute cumulatively $75 billion to a climate "superfund" over the next 25 years....more

Foley Hoag LLP - Energy & Climate Counsel

New York State Begins Phase-Out of Inefficient Appliances in Effort to Decarbonize Buildings

One year after the adoption of New York’s Advanced Building Codes, Appliance and Equipment Efficiency Standards Act, New York has new minimum energy efficiency standards for products and appliances. The standards, which apply...more

Foley Hoag LLP - Energy & Climate Counsel

New York Walks the CLCPA Talk in Passing First-in-the-Nation Ban on New Gas Hook-Ups

After a month of hotly debated budget talks, New York passed its 2024 fiscal year budget late Tuesday night, and with it, took a long-awaited step towards decarbonizing New York’s building sector. The budget deal includes...more

Jenner & Block

New York Becomes First State to Pass Natural Gas Ban for New Construction

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On May 2, 2023, New York passed its 2024 fiscal year budget, including a prohibition on fossil fuel equipment and building systems in new construction. The policy will go into effect in 2026 for new buildings not more than...more

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