Vermont Enacts Groundbreaking Climate Superfund Law

The new law mandates fossil fuel companies to pay for climate change damages, setting a precedent for other states.

Governor Phil Scott allowed the bill to pass without his signature, citing concerns over logistics and legal challenges.
The law aims to recover costs from companies responsible for over 1 billion metric tons of emissions from 1995 to 2024.
Funds collected will be used for climate resilience and infrastructure projects in Vermont.
Experts predict the law will face significant legal challenges, particularly from the fossil fuel industry.
Other states like New York and Massachusetts are considering similar legislation.