Wyoming Fights a $75 Billion Threat to Our Economy
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Wyoming, alongside 21 other states, has filed a lawsuit against New York’s Climate Superfund Act, which could impose $75 billion in liability on fossil fuel companies. The lawsuit argues that only Congress has the authority to regulate interstate commerce and that New York’s law unfairly targets out-of-state energy producers, violating the U.S. Constitution.
For Wyoming businesses, this is yet another attempt to burden the state’s core industries with excessive regulations that threaten jobs and economic stability. Governor Mark Gordon emphasized the need to defend Wyoming’s energy sector stating:
“Even with the change of policy from Washington, DC, some states are still attempting to bankrupt core Wyoming industries through claims of environmental harm in order to meet their budgetary needs.”
WY it Matters: This isn’t just about coal, oil, and natural gas—it’s about every business that depends on a strong energy industry. Wyoming’s energy sector supports thousands of jobs, from the miners pulling resources from the earth to the truckers transporting them and the local businesses that serve these workers and their families.
Your Wyoming Chamber of Commerce strongly supports efforts to fight against regulations that unfairly punish Wyoming businesses. Burdensome policies like New York’s law not only harm the state’s energy sector but also set a dangerous precedent for overreach that could impact industries nationwide. Wyoming’s businesses and workers are strong—and now is the time to stand up for the industries that built this state and ensure that Wyoming’s economy isn’t dictated by lawmakers in New York.