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Rhode Island lawmakers reintroduce bill to make fossil fuel companies pay for climate damage
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Two Rhode Island lawmakers have reintroduced legislation that would require the largest fossil fuel companies to pay for climate-related damage already affecting the state’s infrastructure, public health and economy.
“For decades, fossil fuel companies have collected enormous profits and government subsidies while Rhode Islanders have paid — and continue to pay — for the harms their products have caused,” Boylan said.
Only large fossil fuel corporations with significant historical responsibility for climate harm would be subject to cost recovery, and collected funds would be legally restricted to climate damage response, infrastructure protection and public safety.
“Accountability is long overdue.”Jeff Migneault, executive director of Climate Action Rhode Island, voiced support for the measure.
The event, which includes light refreshments, will be hosted by Climate Action Rhode Island, Rhode Island Citizens Climate Lobby, Environment Council of Rhode Island and Rhode Island Student Climate Coalition.