Posted on 04/02/2024 6:43:47 AM PDT by Oldeconomybuyer
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.
“In order to remedy the problems created by washed out roads, downed electrical wires, damaged crops and repeated flooding, the largest fossil fuel entities that have contributed to climate change should also contribute to fixing the problem that they caused,” Sen. Nader Hashim, a Democrat from Windham County, said to Senate colleagues on Friday.
It’s a polluter-pays model affecting companies engaged in the trade or business of extracting fossil fuel or refining crude oil attributable to more than 1 billion metric tons of greenhouse gas emissions during the time period. The funds could be used by the state for such things as upgrading stormwater drainage systems; upgrading roads, bridges and railroads; relocating, elevating or retrofitting sewage treatment plants and making energy efficient weatherization upgrades to public and private buildings.
Hashim, the Democratic senator from Windham County, said the reality is that severe weather patterns are here and will happen more frequently and become more damaging over time. Adapting and becoming more resilient costs money and Vermont has few options to pay for the damage.
“We can place the burden on Vermont taxpayers or we can keep our fingers crossed that the federal government will help us or we can have fossil fuel companies pay their fair share,” he said.
(Excerpt) Read more at apnews.com ...
Very simple response if I’m running an oil company. Cut off Vermont.
Cut the fuel off to Vt.
Let them rot.
Jinx!
I really wish the CEO’s of these Petroleum Producing companies would Grow a Pair and SHUT OFF ALL SALES AND DELIVERIES to these hostile States.
How do they prove damage caused by climate change when the climate has always been here and changes
The benefits to mankind from the use of fossil fuels are a billion times higher than any “damages.”
The greeniacs doing this should be sued $100 billion for trying to stop fossil fuel usage.
!. It ain’t “fossil” fuel.
2. Yup. Cease all operations there.
They are begging the gas stations to move out of Vermont and their residents fill up out of state. I guess that’s do-able, since the entire state of Vermont is about as large as a few counties in other states.
When do we get the individuals in Legislatures to pay us for the damage they cause?
Oh, logic and reason, again./sarc
Contest it in court, where you can prove there’s no man-made climate change.
Vt. certainly doesn’t deserve to get two Senators.
Just look at who they have elected.
Yep.
Don’t sell guns to people who vote against guns.
Don’t sell energy to people who vote against energy.
Cut Vermont off from ALL benefits of coal, natural gas, and petroleum. Let them live “in harmony with nature”. See how long that lasts ...
Vermont was not one of the 13 states that formed the original USA.
“summer flooding and damage from other extreme weather”
Are the idiots saying Vermont never in its history suffered occasions of major flooding???
“The Great Vermont Flood of 1927, November 3-4. The flood of November 3-4, 1927, stands as the greatest natural disaster in Vermont history. Devastation occurred throughout the state, with 1,285 bridges lost as well as countless numbers of homes and buildings destroyed and hundreds of miles of roads and railroad tracks ...”””
“Nader Hashim”
Sounds like he is descended from that good old hardy New England stock that came across on the Mayflower. He needs more hashish oil to cope with life.
They can't but I doubt it will stop VT from passing this anyways.
Let them burn trees. They have enough.
What happened there was weather, NOT climate change.
“prove damages”?
What a quaint, old-fashioned notion.
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