Democrats Propose Big Oil Polluters’ Fund

A group of Senate Democrats has proposed a fund of $500 billion, to be filled by Big Oil polluters over 10 years, “to require the biggest polluters to begin paying their fair share for a just clean energy transition,” according to a press release by one of the group, Maryland Senator Chris Van Hollen. “Our idea is simple: those who pollute should pay to help clean up the mess they caused – and those who polluted the most should pay the most. This bill will ensure the costs of climate change are no longer borne solely by…