The Vermont House has passed a landmark bill that would force the biggest fossil fuel companies in the world to compensate the state for damage wrought by climate change.
Modeled after the federal Superfund program, the policy would require companies like ExxonMobil Corporation and Shell to pay Vermont a share of what climate change has cost the state in recent decades. Vermont would use those payments to establish a program to fund recovery from climate-fueled disasters and work to adapt to the state’s already-changed climate.
REPOSTED FROM CTPUBLIC.ORG – READ FULL ARTICLE HERE
Peter Hirschfeld/Vermont Public
