Establishes a climate change superfund in Massachusetts to finance adaptive infrastructure projects, holding fossil fuel companies liable for.
The bill creates a climate change adaptation cost recovery program in Massachusetts, establishing a fund to finance projects aimed at adapting to climate change impacts. It holds fossil fuel companies strictly liable for their share of greenhouse gas emissions, requiring them to pay into the fund. The fund will finance projects like restoring wetlands, upgrading infrastructure, and supporting preventive health care programs.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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