Oil and gas companies could be on the hook for billions of dollars to compensate for environmental pollution after Gov. Kathy Hochul on Thursday signed the Climate Change Superfund Act, a long-cherished priority for advocates who blame global warming on fossil fuels.

New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday. The law is intended to shift some of the recovery and adaptation costs of climate change from individual taxpayers to oil,

Jim Larrañaga stepped down as Miami men’s basketball coach Thursday, resigning less than two years after he led the school to its first Final Four appearance. He announced the decision during a news conference at Watsco Center in Coral Gables,

Larrañaga will be replaced by associate head coach Bill Courtney — one of Larrañaga’s best friends for the past three decades or so — for the remainder of the season, the person said. The person spoke to The Associated Press on condition of anonymity because the school had not made any public announcement.

Jim Larrañaga is a tremendous man who has left a mark as not only the most accomplished coach in Miami basketball history, but as one of the premier coaches in ACC history,”