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New York Holds Big Oil Accountable: $75 Billion Fines Under New Climate Law

In a landmark move, New York state has enacted a law that will levy $75 billion in fines on fossil fuel companies over the next 25 years. Signed by Governor Kathy Hochul on Thursday, the legislation aims to hold oil, gas, and coal companies financially accountable for their role in contributing to climate change.

The law shifts the financial burden of climate adaptation and recovery away from taxpayers, placing it squarely on industries deemed responsible for environmental harm. The funds will support efforts to mitigate climate impacts, including fortifying roads, upgrading transit systems, improving water and sewage infrastructure, and reinforcing buildings and other critical facilities.

“New York has sent a resounding message: those most responsible for the climate crisis will face consequences,” stated Senator Liz Krueger, a Democrat and co-sponsor of the bill.

Fossil fuel companies will be fined based on their greenhouse gas emissions between 2000 and 2018. Starting in 2028, these payments will be directed to a newly established Climate Superfund. The law applies to companies identified by New York’s Department of Environmental Conservation as having contributed more than 1 billion tons of global greenhouse gas emissions during the specified period.

This legislation makes New York the second state to adopt such a measure, following Vermont’s lead earlier this year. Both laws draw inspiration from state and federal superfund regulations that compel polluters to fund the cleanup of toxic waste.

According to Krueger, New York will face over $500 billion in climate-related damages and adaptation costs by 2050. She noted that major oil companies, which have collectively generated more than $1 trillion in profits since early 2021, have been aware of fossil fuels’ environmental impact since the 1970s.

Legal challenges are expected, with energy companies likely to argue that the law conflicts with federal regulations governing polluters and energy providers.

This bold legislation marks a significant shift in the financial accountability of climate change, potentially setting a precedent for other states and nations.

Cloudflare Sets New Default To Separate Search Crawlers From AI Bots

Cloudflare has drawn a sharper line between traditional search and artificial intelligence.

Beginning September 15, 2026, the company will change its default settings to block so-called mixed-use crawlers from pages that run ads, unless a site owner chooses otherwise. The policy applies to new Cloudflare customers, new sites created by existing customers, and all current free customers.

A Clearer Divide In Web Access

The shift could materially reshape how AI companies collect web data for model training and agentic products. Cloudflare’s central argument is straightforward: most publishers want their content to remain visible in search and accessible through certain AI services, but they do not want that same material repurposed without compensation.

In Cloudflare’s view, the problem is not crawling itself. It is the blending of three different functions: search, agentic use, and training into a single bot that makes it difficult for website owners to set meaningful boundaries.

The Google Question

Cloudflare pointedly referenced the “world’s largest search engine,” an unmistakable nod to Google, arguing that it has access to roughly twice as much information as rival AI companies because it makes it harder for customers to stay discoverable without also being used for AI.

Google has disputed that framing. The company offers Google Extended, a crawler setting that lets publishers opt out of having content used for training and AI products such as Gemini apps and Vertex AI, without affecting visibility in Google Search. At the same time, Googlebot still crawls for Search and for AI-powered features such as AI Overviews and AI Mode.

Publishers Want Reach, Not Exploitation

Matthew Prince, Cloudflare’s co-founder and chief executive, said the company is moving quickly because the internet is now dominated by machine traffic.

“Now that the majority of traffic on the Internet is non-human, we must go further and act faster so that a sustainable ecosystem can emerge,” Prince said, referring to the recent milestone in which bots surpassed human traffic online sooner than expected.

Prince added that Cloudflare’s tools and partnerships are designed to give publishers more visibility and commercial leverage, while also rewarding AI companies that are transparent about how they use content.

From Pay Per Crawl To Pay Per Use

Cloudflare has increasingly positioned itself as a gatekeeper for publishers looking to assert control in the AI era. The company already offers tools to block AI bots, along with a marketplace called Pay Per Crawl, which lets websites charge AI systems for scraping.

That framework is now expanding into Pay Per Use, which Cloudflare says will allow publishers to charge AI companies when content creates value, not merely when it is fetched. In practical terms, that shifts the economics from extraction to monetization.

Cloudflare says the move may also reduce waste. Its data suggests more than half of crawl traffic from AI bots is spent revisiting pages that have not changed, consuming bandwidth and compute without adding fresh value for either side.

Early Partners Signal The Commercial Model

To launch the new system, Cloudflare is working with Ceramic.ai and You.com. Under the opt-in model, publishers can be paid when their content appears in Ceramic’s AI search results or when You.com accesses premium material.

Cloudflare says other AI companies can adapt the model to fit their own products. The broader message is clear: the era of unrestricted crawling is giving way to one in which access, attribution, and compensation are increasingly negotiated rather than assumed.

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