Study: Climate bill could save three-quarters of a trillion dollars
At the very end of session in June, the New York state Legislature passed a consequential climate bill called the Climate Change Superfund Act. The bill is awaiting Gov. Kathy Hochul's signature or veto, and it’s not clear at this point what she will do.
But a new report indicates that, over time, the law could save New Yorkers $825 billion in climate disaster expenses.