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Democrats Unveil Bill to Make Fossil Fuel Companies Pay $1 Trillion over Climate Crisis

HeadlineSep 13, 2024

Democratic lawmakers on Thursday unveiled the Polluters Pay Climate Fund Act, that would force fossil fuel companies to pay into a fund that “addresses the harm and damages they caused.”

In related news, pressure is mounting for the Biden administration to cancel all new liquefied natural gas export licenses after a judge recently lifted a pause on new LNG export approvals and after a new study found that LNG has a 33% greater greenhouse gas footprint than coal.

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