The U.S. Chamber of Commerce and a top oil and gas industry trade group have filed a lawsuit against Vermont over its new law requiring that fossil fuel companies pay for damage the state attributes to climate change. The federal lawsuit, which was filed Monday, urges a state court to block the state from enforcing the law, which was passed by lawmakers last year, according to The Associated Press. The state said it is working to estimate the cost of climate change dating back to 1995.
The law in Vermont captured interest from other states, including New York, where a similar bill was signed into law last month. The New York law requires companies responsible for substantial greenhouse gas emissions to pay into a state fund for infrastructure projects to repair or prevent future damage from climate change, and the biggest emitters of greenhouse gases between 2000 and 2018 would face fines.
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