This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. 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 EPA’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. The measure would make Vermont the first US state to hold fossil fuel companies liable for their planet-heating pollution.
Similar Stories to Vermont Could Be The First State To Bill Oil Firms For Climate Damage on Bing News
Dharna Noor, Mother Jones
Fri, 05/10/2024 - 3:00am
Topics: guardian desk collaboration vermont is modeled epa s superfund conservation law foundation s bernie sanders d-vt chris van hollen d-md advocates representatives phil climate jamie henn us of july tropical storm irene mike pieciak—who public interest research group carbon majors natural resources massachusetts new york senate june eric weltman food water watch maryland s big oil spreading robert norris jennifer rushlow maverick lloyd school environment graduate school cassidy dipaola data progress democrats randy brock the american petroleum institute united states but rushlow charity clark i york california mihaly vermont us republican scott gov fossil free media to while new yorkers in new york s new york senate we re i in bill climate damage measure support companies vote fuel damages crisis impacts lawsuits passed pay figure courts annual percent noted supporters record costly week legislation change final litigation voters disasters devastating build committee steep emissions largest floods widespread campaigning responsible contributed budget originally mess country knowledge face gas preliminary giant profits month profiteers brace sales large exxonmobil include similar initiatives costs reaping compared deception collected collect climate-related approval worked rising omitted money
BING NEWS:
- Is the Fight Against Big Oil Headed to the Supreme Court?
The Supreme Court may soon decide the fate of dozens of cases brought by cities and states that seek to hold fossil fuel companies accountable.
06/13/2024 - 4:25 am | View Link - Vt. becomes 1st state requiring oil companies to pay for damage from climate change
(AP) - Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate ... bill to become law without his signature late Thursday. He ...
05/31/2024 - 9:01 am | View Link - Vermont to Require Fossil-Fuel Companies to Pay for Climate Damage
Under the country’s first “climate superfund” law, Vermont will charge large emitters for climate-related damage to the state.
05/31/2024 - 8:10 am | View Link - Vermont becomes first US state to make Big Oil pay for climate damages
Vermont has become the first US state to order fossil fuel companies to pay for climate damages, handing a victory to campaigners pushing for polluters to be held more financially accountable.
05/31/2024 - 6:22 am | View Link - In historic move, Vermont becomes 1st state to pass law requiring fossil fuel companies to pay for climate change damages
the law would require fossil fuel companies to contribute to a superfund that will be used to help the state adapt to climate change and develop more resilient infrastructure.
05/31/2024 - 5:40 am | View Link - More
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