As climate change exacts a mounting toll on California, who should pay for the damage from rising sea levels and increasingly ferocious wildfires, floods and heat waves? Fossil fuel companies would like taxpayers to keep footing the bill while they reap the profits from the burning of coal, oil and methane gas. That’s not right. Companies whose products are responsible for the vast majority of the greenhouse gas emissions should be held liable for the costs.
It may sound like a lot, but even that would not fully offset the costs climate-related damages California is expected to suffer for years to come from just those two decades of pollution. Wildfires alone have caused tens of billions in destruction of property, health costs and other losses in California in just the past few years.
Source: News Formal (newsformal.com)
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