skip to main content
skip to newscasts

Thursday, December 18, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Trump pushes back on criticism of economy in contentious prime-time speech; 'A gut punch': GA small-business owner on loss of ACA subsidies; Conservationists: CO outdoor economy at risk from development; Report: MO outpaces nation on after-school meals but gaps remain.

view newscast page
play newscast audioPlay

House Democrats gain support for forcing a vote on extending ACA subsidies. Trump addresses first-year wins and future success and the FCC Chairman is grilled by a Senate committee.

view newscast page
play newscast audioPlay

States are waiting to hear how much money they'll get from the Rural Health Transformation Program, the DHS is incentivizing local law enforcement to join the federal immigration crackdown and Texas is creating its own Appalachian Trail.

Van Hollen introduces federal 'climate superfund' legislation

play audio
Play

Friday, September 13, 2024   

New federal legislation would make polluters pay for the costs of climate change mitigation.

On Thursday, Sen. Chris Van Hollen, D-Md., introduced the "Polluters Pay Climate Fund Act of 2024," which would create a $1 trillion, paid out by the biggest fossil-fuel companies over 10 years.

Funds would be used to rebuild and upgrade infrastructure, clean up the impacts of pollution in communities, and provide climate-related disaster assistance.

Van Hollen said seeking a portion of the fossil fuel industry's profits would not raise costs for consumers.

"It should have virtually no impact on energy costs," Van Hollen contended. "For a couple reasons: It doesn't add to the marginal cost of production, number one, and it only hits the biggest fossil-fuel companies, leaving many other companies in the market to compete with on price."

The legislation is sponsored in the House by Rep. Jerrold Nadler, D-N.Y., and Rep. Judy Chu, D-Calif. The fee would be levied against companies responsible for at least $1 billion tons of carbon dioxide emissions between 2000 and 2022.

Other climate superfund bills have been introduced in state legislatures in Maryland, Massachusetts, New York and California. Vermont became the first state to pass such a bill this spring.

The federal legislation would not preempt state laws or lawsuits seeking redress from fossil-fuel companies. It would also provide $15 billion to FEMA for climate-related disaster response.

Quentin Scott, federal policy director for the Chesapeake Climate Action Network, said FEMA's Disaster Relief Fund is often unable to keep up.

"FEMA always runs out of money before the end of the fiscal year, because climate change has exacerbated extreme weather events, so they just don't have enough money," Scott explained. "This $15 billion is trying to bridge that gap."

FEMA's Disaster Relief Fund was exhausted in August for the second year in a row, and the 10th time since 2001. Last year, the U.S. saw a record 28 separate weather and climate disasters costing at least $1 billion each.

Disclosure: The Chesapeake Climate Action Network contributes to our fund for reporting on Climate Change/Air Quality, and Sustainable Agriculture. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
Lt. Gov. Micah Beckwith said he does not know what was discussed during a Thursday closed-door Statehouse meeting with Vice President JD Vance and Gov. Mike Braun. (Adobe Stock)

Social Issues

play sound

By Kyla Russell for WISH-TV.Broadcast version by Joe Ulery for Indiana News Service reporting for the WISH-TV-Free Press Indiana-Public News Service C…


Social Issues

play sound

Rural LGBTQ+ youth in Indiana face greater mental health challenges, but have found ways to build community online, according to a new report…

Social Issues

play sound

By Marilyn Odendahl for The Indiana Citizen.Broadcast version by Joe Ulery for Indiana News Service reporting for the Indiana Citizen-Free Press India…


Indiana University's summit includes a session about a new Registered Apprenticeship Program aimed at boosting the teacher workforce. (Adobe stock)

play sound

An Indiana-based summit meeting will spotlight how university campuses can help power economic growth across the state. Indiana University hosts its …

Social Issues

play sound

Groups fighting for a free and fair judicial system are speaking out against violence, threats and insults targeting judges in Indiana and across the …

Experts recommend not overscheduling kids in the first few weeks of school because they are often more tired and emotionally drained as they adjust to a new routine. (Adobe Stock)

Health and Wellness

play sound

Indiana families are preparing kids for back-to-school season, and mental-health experts say emotional readiness is just as important as school …

Environment

play sound

The Trump administration's long-term plan for artificial intelligence could have far-reaching environmental impacts across the country. His strategy …

Social Issues

play sound

A public funding mechanism for Seattle elections is up for renewal in next week's election. The Democracy Voucher program was passed 10 years ago…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021