Vermont Becomes the First Us State to Pass a Law Requiring Big Oil to Pay for Climate Damage
Vermont has become the first US state to pass a law that makes fossil fuel companies financially responsible for climate
Electrek 2:56 am on June 3, 2024
Vermont passed the Climate Superfund Act, holding fossil fuel companies financially responsible for climate change damages. The law seeks to recover costs from polluters and incentivize renewable energy transition. It could face legal challenges but may inspire similar measures nationally.
- Legislation Enactment:
- Fossil Fuel Accountability:
- Renewable Energy Incentives:
- Potential Nationwide Implications:
- Legal Challenges Anticipation:
https://electrek.co/2024/05/31/vermont-becomes-the-first-us-state-to-pass-a-law-requiring-big-oil-to-pay-for-climate-damage/< Previous Story - Next Story >