Hochul signs bill that would charge energy companies $75 billion. But critics say customers will actually comply with this order.

[ad_1] Today, New York Governor Kathy Hochul signed into law the Climate Change Superfund Act, which will cost oil and gas companies an estimated $75 billion over the next 25 years. The measure has sparked controversy. Sponsored by Senator Liz Kruger and Assemblyman Jeffrey Dinavitz, it is modeled after federal and state superannuation laws. which …