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Search Results: keywords:"legal liabilities"

  • The bill, titled the "Polluters Pay Climate Fund Act of 2025," aims to impose a tax on fossil fuel companies based on their carbon emissions since 2000. The revenue from this tax will be used to establish the Polluters Pay Climate Fund, designed to support climate resilience, disaster...

    Simple Explanation

    In this bill, fossil fuel companies are asked to pay money based on how much pollution they have caused since the year 2000, and the money collected will be used to help protect people and places from climate problems. The goal is to make sure that the companies who made a mess pay to help fix it, especially for areas that are affected the most.