Vermont Senate preliminarily approves Climate Superfund Act, requiring fossil fuel companies to pay for climate change costs.
The Vermont Senate has given preliminary approval to the Climate Superfund Act, modeled after the federal Superfund program. The bill requires big fossil fuel companies to pay for climate change costs in Vermont, based on their contribution to global climate change. If successful, funds raised will cover disaster recovery and climate adaptation. The bill awaits final Senate approval and consideration in the Vermont House.
March 29, 2024
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