climate change damage News

US Chamber, Oil Firms Sue Vermont for Making Companies Pay for Climate Damage

The U.S. Chamber of Commerce and a top oil and gas industry trade group are suing Vermont over its new law requiring that fossil fuel companies pay a share of the damage caused over several decades by climate change. The …

States Eye Requiring Fossil Fuel Companies to Pay for Some Climate Change Damage

The Vermont Legislature is advancing legislation requiring big fossil fuel companies pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather. The state Senate is expected to …