Commentary: Marylanders can’t afford the cost of a climate superfund

Maryland is considering whether to pursue a climate superfund law that would require fossil fuel companies to pay billions of dollars toward climate-related costs, following a study expected Dec. 1, 2026. Any such policy could increase costs for consumers and businesses if expenses are passed along through higher energy prices, while potentially affecting investment, jobs and the state’s competitiveness.

Legal challenges to New York’s climate superfund law, which was struck down by two federal courts, also raise questions about the legal viability of similar measures in Maryland. Policymakers should carefully evaluate the economic impacts, legal risks and potential consequences for taxpayers before advancing a climate superfund policy.

Read a commentary piece from Maryland Chamber President & CEO Mary D. Kane on the issues facing this proposal. Article first published by Maryland matters on Oct. 16, 2026.