The Chamber says LD 1870 is “costly, redundant and unnecessary.” More than two dozen business associations have expressed their opposition to the bill.
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The State Chamber of Commerce is urging Mainers to voice their opposition to a “climate superfund” initiative under review by the Legislature.
The Chamber says LD 1870, "An Act to Establish a Climate Superfund Cost Recovery Program to Impose Penalties on Climate Polluters," sponsored by state Sen. Stacy Brenner, D-Scarborough, is “costly, redundant and unnecessary.”
Originally introduced as a bill in 2025, LD 1870 has raised concerns across Maine's business community. At least 25 business associations oppose its retroactive fee structure, which the Chamber says would target companies for “activities that are legal, regulated and have long been supported by public policy.”
If passed, LD 1870 would direct the Department of Environmental Protection to conduct a study on the costs of emissions from greenhouse gases to the state between 1995 to 2024, according to Ashley Luszczki, government relations specialist with the Chamber.
The price tag for the study is estimated to be $600,000.
“The department would also need to provide the findings of that assessment to several legislative committees by Jan. 1, 2028, and the Environment and Natural Resources Committee could do new legislation,” Luszczki told Mainebiz.
States including New York and Vermont have enacted similar climate superfund laws, which are now tied up in ongoing litigation and Maryland is currently studying the issue.
The Chamber contends, “proposals like LD 1870 risk sending the wrong signal to Maine’s business community; that companies providing essential, lawful products can later be subjected to shifting standards and retroactive scrutiny. That kind of uncertainty discourages investment and undermines long-term economic growth.”
The Senate tabled it, and it remains on the unfinished business portion of the Legislative calendar.