![Vermont advances bill requiring fossil fuel companies pay for damage caused by climate change [Video]](https://canadanewsvideo.com/wp-content/uploads/2024/04/mp_484984_0_660b37c1da648imagejpg.jpg)
FILE — This image made from drone footage provided by the Vermont Agency of Agriculture, Food and Markets shows flooding in Montpelier, Vt., Tuesday, July 11, 2023. The Vermont legislature is advancing a bill that would require fossil fuel producers to pay for some of the state’s recovery costs from climate-related storms. (Vermont Agency of Agriculture, Food and Markets via AP, File)
FILE — This image made from drone footage provided by the Vermont Agency of Agriculture, Food and Markets shows flooding in Montpelier, Vt., Tuesday, July 11, 2023. The Vermont legislature is advancing a bill that would require fossil fuel producers to pay for some of the state’s recovery costs from climate-related storms. (Vermont Agency of Agriculture, Food and Markets via AP, File)
FILE – A small tractor clears water from a business as flood waters block a street, July 12, 2023, in Barre, Vt. The Vermont legislature is advancing a bill that would require fossil fuel producers to pay for some of the state’s recovery costs from climate-related storms. (AP Photo/Charles Krupa, File)
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 give final approval this week to the proposal, which would create a program that fossil fuel companies would pay into for climate change adaption projects in Vermont. It will then be considered in the House.
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