Victory for campaigners is expected to face legal challenges from fossil fuel companies
Vermont has become the first US state to order fossil fuel companies to pay for climate damages, handing a victory to campaigners pushing for polluters to be held more financially accountable. The northeastern state is one of several where lawmakers have fought to pass bills that would hold oil and gas companies responsible for a portion of the region’s greenhouse gas emissions, and pass on the costs.
The bills are tied to a fast-growing branch of science that looks to calculate the extent to which climate effects are tied to particular human actions. Scientists have developed methods for quantifying the historical emissions of specific sectors and companies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vermont Makes Big Oil Pay for Climate Change Damage in Landmark LawVermont has enacted a first-of-its-kind law in the United States requiring oil companies to pay for damage caused by their emissions.
Read more »
Comparing Big Oil to Big Tobacco is LudicrousComparing Big Oil to Big Tobacco is ludicrous because oil provides indispensable economic benefits to society, while tobacco primarily poses health risks.
Read more »
Vermont becomes first state to require oil firms pay for climate change damageMaryland, Massachusetts and New York are considering similar measures.
Read more »
Vermont becomes first state to require oil firms pay for climate change damageMaryland, Massachusetts and New York are considering similar measures.
Read more »
F1's newest 'big team in crisis' facing a 'big, big challenge' to returnWilliams can only look across at McLaren with envy, as the Woking-based squad have rejoined the battle at the front of Formula 1...
Read more »
Vermont becomes 1st state to require oil companies pay for damage from climate changeVermont has become the first state to enact a law requiring fossil fuel companies pay a share of the damage caused by climate change after the state suffered…
Read more »