Establishes the Climate Superfund Cost Recovery Program to fund climate change adaptation projects in Maine.
The Maine Climate Superfund Act establishes the Climate Superfund Cost Recovery Program within the Department of Environmental Protection. The program aims to fund climate change adaptation projects by imposing cost recovery demands on entities responsible for significant greenhouse gas emissions. Entities engaged in fossil fuel extraction or refining between 2000 and 2024 are assessed based on their share of emissions. Payments are prioritized for projects that enhance resilience and reduce public health impacts. The fund receives cost recovery payments, interest, and other contributions.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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