Resolve, to Assess the Total Cost to the State of Greenhouse Gas Emissions

This bill establishes the Maine Climate Superfund Cost Recovery Program to make certain fossil fuel businesses pay for climate change adaptation projects. The program will identify "responsible parties" – entities that extracted fossil fuels or refined crude oil and contributed over 1 billion metric tons of greenhouse gas emissions between 1995 and 2024. These parties will be strictly liable for a share of the costs of climate change adaptation projects and will pay into a fund administered by the state.

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