Climate Superfund Law Enacted; Vermont Becomes First State to Hold Big Oil Financially Responsible for a Fair Share of Climate Damages
Legislation authorizing the State of Vermont to recoup financial damages caused by climate change from major fossil fuel companies became law yesterday when Governor Phil Scott failed to sign or veto the bill during the constitutionally-mandated five-day consideration period. The enactment of S.259, the Climate Superfund Act, marks a new era in the effort to …