Vermont Makes Big Oil Pay for Climate Change Damage in Landmark Law

The state of Vermont has just enacted a law that would take on oil companies to require them to pay for damage caused by their emissions, in a first such legislation in a U.S. state. The bill, S.259, ‘An act relating to climate change cost recovery,’ became law without the signature of Vermont’s Republican Governor Philip B. Scott.

In this attempt to make Big Oil pay in the polluter-pays model, Vermont could fail and hamper efforts by other states, and add costs for Vermonters and the state, Governor Scott said in a letter to Vermont State lawmakers. “Taking on “Big Oil” should not be taken lightly. And with just $600,000 appropriated by the Legislature to complete an analysis that will need to withstand intense legal scrutiny from a well-funded defense, we are not positioning ourselves for success,” Governor Scott said.

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