Federal court rules New York's Climate Superfund Act unconstitutional, blocking $75 billion in penalties on energy producers.

The U.S. District Court for the Southern District of New York invalidated New York's "Climate Change Superfund Act," ruling it unconstitutional and enjoining the state from imposing $75 billion in penalties on global energy producers. The court asserted that the federal government, not individual states, holds the authority for setting national policy on global pollution. This decision marks the second federal court ruling against the New York law, which aimed to impose liability on energy companies for the alleged local effects of climate change.