Vermont Becomes First State to Require Oil Companies Pay for Climate Damages

Vermont Gov. Phil Scott said that he allowed the Climate Superfund Act to become law without his signature.
Vermont Becomes First State to Require Oil Companies Pay for Climate Damages
A combination of file photos shows the logos of five of the largest publicly traded oil companies: BP, Chevron, ExxonMobil, Royal Dutch Shell, and Total. File Photo/Reuters
Aldgra Fredly
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Vermont on Thursday passed a law that would require major fossil fuel companies to pay for damage caused by climate change, becoming the first state in the nation to do so.

Vermont Gov. Phil Scott said that he allowed the Climate Superfund Act to become law without his signature, although he expressed “deep concern” about the law’s short- and long-term outcomes.