Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Vermont advances bill requiring fossil fuel companies pay for damage caused by climate change
The Associated Press ^ | April 1, 2024 | BY LISA RATHKE

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 ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events; Politics/Elections; US: Vermont
KEYWORDS: extortion; globalwarming; globalwarminghoax; hoax; marxism; oil; propaganda; taxes; theft; vermont
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-67 last
To: butlerweave

They can’t.🤨
They just make it up as they go along.


61 posted on 04/02/2024 9:40:08 AM PDT by BiteYourSelf ( Earth first, we'll strip mine the other planets later.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Oldeconomybuyer
But shouldn't the fossil fuel companies also get paid for whatever benefits there are as a result of the global warming they supposedly caused?

Everybody in Vermont could pay the fossil fuel companies for each day that is warmer and they don't need as much energy to heat their houses, and any increase in farm production, because warmer days yield more hay and that means more milk from the dairy farms.

Same for the maple syrup industry, and the state of Vermont could pay the fossil fuel companies what would have been their savings on winter plowing and salting.

And as more people move to a warmer Vermont, the people who sell property should share their gains with the fossil fuel companies who improved the climate.

62 posted on 04/02/2024 10:30:34 AM PDT by freeandfreezing
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer

Whatever happened to “act of God”? That’s what insurance companies claim when a tree falls on your house, or lightning sets it on fire. Those are all weather-related damage.


63 posted on 04/02/2024 11:19:00 AM PDT by mass55th (“Courage is being scared to death, but saddling up anyway.” ― John Wayne)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FLT-bird

Cut deliveries of goods to Vermont.


64 posted on 04/02/2024 11:35:08 AM PDT by ActresponsiblyinVA
[ Post Reply | Private Reply | To 2 | View Replies]

To: Tell It Right
"They are begging the gas stations to move out of Vermont and their residents fill up out of state."
Maybe, for self protections, neighboring gas stations should refuse to sell gas to cars and trucks with Vermont license plates
65 posted on 04/02/2024 2:35:15 PM PDT by Hiddigeigei ("Talk sense to a fool and he calls you foolish," said Dionysus - Euripides)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Hiddigeigei

I notice they waited until after Winter to do this.


66 posted on 04/02/2024 2:47:40 PM PDT by Hiddigeigei ("Talk sense to a fool and he calls you foolish," said Dionysus - Euripides)
[ Post Reply | Private Reply | To 65 | View Replies]

To: FLT-bird

exactly ... vermont is a small market anyway ...


67 posted on 04/02/2024 7:24:58 PM PDT by catnipman (A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
[ Post Reply | Private Reply | To 2 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-67 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson