Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state sufferedRepublican Gov. Phil Scott allowed the bill to become law without his signature late Thursday.
“For too long, giant fossil fuel companies have knowingly lit the match of climate disruption without being required to do a thing to put out the fire,” Paul Burns, executive director of the Vermont Public Interest Research Group, said in a statement. “Finally, maybe for the first time anywhere, Vermont is going to hold the companies most responsible for climate-driven floods, fires and heat waves financially accountable for a fair share of the damages they’ve caused.
Vermont state Rep. Martin LaLonde, an attorney, said in a statement that lawmakers worked closely with many legal scholars in shaping the bill. The 2024 election is heating up, and women's rights, health care, voting rights, and the very future of democracy are all at stake. Donald Trump will face Joe Biden in the most consequential vote of our time. And HuffPost will be there, covering every twist and turn. America's future hangs in the balance.
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