Greenhouse Gas Pollution Superfund Act

This bill establishes a new Greenhouse Gas Pollution Superfund in Minnesota that would charge fossil fuel companies for their historical emissions. The program targets entities that extracted or refined fossil fuels between 1995 and 2026 and are responsible for more than one billion metric tons of greenhouse gas emissions. Money collected from these charges would be placed in a dedicated account to fund climate change adaptation projects for state, local, and Tribal governments, as well as disadvantaged communities. The Minnesota Pollution Control Agency commissioner would determine liability amounts and oversee collection and distribution of funds. The legislation defines covered emissions, fossil fuel businesses, and eligible projects, creating a mechanism to recover costs from major polluters for climate resilience efforts.