Oil Industry and U.S. Chamber Sue Vermont Over Climate Change Liability Law - PRESS AI WORLD
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Oil Industry and U.S. Chamber Sue Vermont Over Climate Change Liability Law

share-iconSaturday, January 04 comment-icon2 weeks ago 8 views
News sources:
apnewsAPNEWS
Oil Industry and U.S. Chamber Sue Vermont Over Climate Change Liability Law

Credited from: APNEWS

  • The U.S. Chamber of Commerce and a leading oil industry group have filed a lawsuit against Vermont over its new law.
  • This law mandates that fossil fuel companies contribute to damages linked to climate change, dating back to 1995.
  • The lawsuit claims the law violates the U.S. Constitution and is incompatible with the federal Clean Air Act.
  • Supporters of the law argue it holds oil companies accountable for climate-related damages impacting the state.
  • Vermont aims to use the funds from this initiative for improvements in infrastructure and resilience against future climate impacts.

For further details, visit the original article.

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