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MP launches bill to make polluters pay for climate damage and resilience

Summary by Business Matters
Fossil fuel giants, luxury travel users, and shareholders profiting from polluting industries could be forced to contribute directly to climate resilience measures under a new bill to be introduced in Parliament on Thursday. The Climate Finance Fund (Fossil Fuels and Pollution) Bill, tabled by Labour MP Richard Burgon, calls for the creation of a dedicated fund to finance flood defences, home insulation programmes, and other climate-related prot…
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United Kingdom: MP to Launch Bill Aimed at Superyachts, Private Aircraft and Fossil Fuel Producers

The bill would force large polluters to contribute to a fund for flood defenses and housing isolation, but it has little chance of becoming a law.May 15, 2025.-The fossil fuel companies are...

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Business MattersBusiness Matters

MP launches bill to make polluters pay for climate damage and resilience

Fossil fuel giants, luxury travel users, and shareholders profiting from polluting industries could be forced to contribute directly to climate resilience measures under a new bill to be introduced in Parliament on Thursday. The Climate Finance Fund (Fossil Fuels and Pollution) Bill, tabled by Labour MP Richard Burgon, calls for the creation of a dedicated fund to finance flood defences, home insulation programmes, and other climate-related prot…

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Business Matters broke the news in on Thursday, May 15, 2025.
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