An Act establishing a climate change superfund
Massachusetts bill requiring fossil fuel emitters to fund climate adaptation through a superfund, shifting environmental costs to major polluters rather than general taxpayers.
Massachusetts bill requiring fossil fuel emitters to fund climate adaptation through a superfund, shifting environmental costs to major polluters rather than general taxpayers.
HD 3369 would establish a "climate change superfund" in Massachusetts by requiring major greenhouse gas emitters and fossil fuel producers to pay into a dedicated fund based on their historical and current emissions. The collected revenues would finance climate adaptation, mitigation, and environmental justice initiatives across the state.
Climate adaptation costs are accelerating in Massachusetts due to sea-level rise, extreme weather, and infrastructure vulnerability. This bill attempts to shift some financial responsibility to high-emission industries rather than relying solely on general tax revenue, potentially generating hundreds of millions for resilience projects while creating a precedent for corporate accountability in climate financing.
Compiled from official sources — confirm details with the bill’s official record.
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