Landmark Vermont ‘climate superfund’ law would make polluters pay for climate change
Vermont on Thursday became the first state in the United States to demand that oil and gas companies pay for the costly impacts of climate change – a move that many experts say could pave the way for similar legislation across the country.
Taking many climate advocates by surprise, Republican Gov. Phil Scott allowed passage of the new, bipartisan , which lets Vermont’s department of natural resources recover costs from those fossil fuel companies responsible for more than 1 billion metric tons of greenhouse gas emissions in the state. The money would go toward climate change adaptation or resilience
