Vermont becomes 1st state to require oil companies pay for damage from climate change
Vermont has made headlines recently by becoming the first state to require oil companies to pay for the damage caused by climate change. While this may seem like a step in the right direction, the real question remains: how will this enforcement actually be carried out? As a resident of Colorado, I have seen similar initiatives being passed off onto consumers, with the burden ultimately falling on our shoulders. It makes you wonder if this new legislation is truly about holding oil companies accountable or simply a disguised way to extract more money from the average citizen.
Republican Gov. Phil Scott took a unique approach by allowing the bill to become law without his signature.… Continue reading