‘polluter pays News

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 …

Laws May Enforce Some Environment Treaties, but Not for Climate Change

If and when a global deal to curb climate change is done in Paris this December, the matter of enforcement is likely to be left not to sanctions, but to peer pressure. While legally enforceable environmental treaties do exist, experts …

FERMA Opposes EU Fund for Industrial Accident Environmental Liabilities, Losses

The Federation of European Risk Management Associations [FERMA), which represents risk managers in 20 European countries, has told the European Commission that it is opposed to the creation of a fund to cover environmental liability and losses resulting from industrial …