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Author Topic: Vermont Passes Law Forcing Energy Companies To Pay Damages For ‘Extreme Weather’  (Read 369 times)

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Offline rangerrebew

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Vermont Passes Law Forcing Energy Companies To Pay Damages For ‘Extreme Weather’
« on: June 01, 2024, 06:43:26 am »
Vermont Passes Law Forcing Energy Companies To Pay Damages For ‘Extreme Weather’
by David Zimmermann  11 hours ago 
 

Vermont on Thursday became the first state to enact a law requiring oil companies to pay for damages caused by extreme weather events, which the bill claims are the direct result of climate change. [emphasis, links added]

The legislation, S.259, will pursue “climate change cost recovery” by establishing a Climate Superfund Cost Recovery Program at the Vermont Agency of Natural Resources.

Under the new law, large oil companies and other entities emitting greenhouse gases into the atmosphere will be made to pay for damage from extreme weather events.

Under the bill, the state will compile a report by 2026 calculating the cost to Vermonters of extreme weather events over the last 30 years.

https://climatechangedispatch.com/vermont-passes-law-forcing-energy-companies-to-pay-damages-for-extreme-weather/
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Offline rangerrebew

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Re: Vermont Passes Law Forcing Energy Companies To Pay Damages For ‘Extreme Weather’
« Reply #1 on: June 01, 2024, 06:47:51 am »
On days where there is good weather, shouldn't the state have to pay energy companies for forcing the weather to behave? :whistle:
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline catfish1957

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Re: Vermont Passes Law Forcing Energy Companies To Pay Damages For ‘Extreme Weather’
« Reply #2 on: June 01, 2024, 09:30:36 am »
Wish I was on he boards of Oil.   Damages?  Ookey Dokey......   

I'd pull every iota of operation, from Crude to Plastic, to Gas Stations.    Enjoy gassing up in Maine or Vermont.
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