SB 684
Polluters Pay Climate Superfund Act of 2025.
Vote required
Two Thirds
Fiscal committee
No
Appropriation
No
Current location
Judiciary
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Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
The Polluters Pay Climate Superfund Act of 2025 establishes a program to hold fossil fuel companies accountable for the damage caused by greenhouse gas emissions. It creates a fund to collect payments from these companies, based on a climate cost study that estimates the total financial harm caused by emissions between 1990 and 2024. The agency will identify responsible parties and assess a ‘cost recovery demand’ based on their contribution to emissions, with funds used to support projects mitigating and adapting to climate change impacts. This legislation aims to address the financial burden of climate change and incentivize a transition to cleaner energy sources.
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