Vermont poised to become first US state to charge big oil for climate damage
If passed, the groundbreaking measure could be a model for other states to hold fossil fuel companies liableVermont is poised to pass a groundbreaking measure forcing major polluting companies to help pay for damages caused by the climate crisis, in a move being closely watched by other states including New York and California.Modeled after the Environmental Protection Agency’s Superfund program, which forces companies to pay for toxic waste cleanup, the climate superfund bill would charge major fossil fuel companies doing business within the state billions of dollars for their past emissions. Continue reading...
If passed, the groundbreaking measure could be a model for other states to hold fossil fuel companies liable
Vermont is poised to pass a groundbreaking measure forcing major polluting companies to help pay for damages caused by the climate crisis, in a move being closely watched by other states including New York and California.
Modeled after the Environmental Protection Agency’s Superfund program, which forces companies to pay for toxic waste cleanup, the climate superfund bill would charge major fossil fuel companies doing business within the state billions of dollars for their past emissions. Continue reading...
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