By Steve Haner

Virginiaโs Legislative Black Caucus has endorsed legislation that demands oil, natural gas or coal companies that operated in Virginia at any time since 1995 pay a fine (to be determined) for presumed damage to the climate and for extreme weather.
Before dismissing this out of hand, know that the State of New York has already passed such a law and is demanding $75 billion over 25 years from many of the same companies, most of them national and international firms.ย Its Democratic Governor Kathy Hochul could not be prouder of the accomplishment, as you can read here. ย ย
The Virginia bill sponsored by Delegate Rae Cousins, D-Richmond, was part of a long list of bills endorsed Tuesday by the influential Black Caucus, which of course includes the Speaker of the House and the chairs of numerous key committees in both the House and Senate.ย Other bills on the list have already cleared committees.ย The Black Caucus release describes the bill thus:
The Extreme Weather Relief Act will require large fossil fuel companies to help offset mounting costs of extreme weather caused by climate change.
Law firms are advising this is a trend. This has legs.
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