Enacts the "climate accountability and loss recovery act" to allow the attorney general to sue covered entities for climate disaster-related costs.
The "climate accountability and loss recovery act" allows the attorney general to bring civil actions against covered entities for costs and assessments arising from climate disasters. The act defines "climate disaster" broadly to include events like fires, floods, and hurricanes where climate change is a substantial factor. "Covered entities" are those with a market capitalization or annual revenue of at least $500 million, doing business in the state.
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