Vermont Moves to Hold Fossil-Fuel Companies Liable for Climate-Change Damage

  • 📰 NewYorker
  • ⏱ Reading Time:
  • 23 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 67%

Fossil Fuels News

Climate Change,Legislation,Vermont

Elizabeth Kolbert writes about Vermont’s Climate Superfund Act, and the state’s government standing up to Big Oil (and Gas and Coal).

As the world warms, more and more of New England’s rain is falling in extreme precipitation “events,” so the downpour, though record-breaking, was still in keeping with recent trends. “It’s definitely going to happen again,” Lauren Oates, the director of policy and governmental affairs for the Nature Conservancy in Vermont, predicted a few weeks after what became known as the Great Vermont Flood of 2023.

Lockman and Shumway listed many possible legal arguments that opponents of the act could raise, including that state governments lack the authority to enforce such sweeping measures, that the act unfairly imposes liability retroactively, and that the measure is preëmpted by federal law—in particular, the Clean Air Act. It’s entirely possible, perhaps even likely, that Vermont’s climate superfund will be struck down before it collects a penny.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 90. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vermont passes bill to charge fossil-fuel companies for climate damagesMaura Barrett is a correspondent for NBC News.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »