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House committees back Climate Superfund bill to recover state climate costs from fossil‑fuel firms
Summary
S.259, dubbed the Climate Superfund Act, would direct the Agency of Natural Resources and State Treasurer to use attribution science to identify responsible fossil‑fuel entities and recover costs for resilience projects; Judiciary said the bill is legally defensible and committees recommended amendments and appropriation items.
The Vermont House heard extended floor presentations on S.259, the Climate Superfund Act, which would create a Climate Superfund Recovery Program to assess the state’s costs from covered greenhouse‑gas emissions (1995–2024), identify responsible parties using attribution science, and recover funds for adaptation and resilience projects.
Representative Sheldon (House Environment & Energy) told colleagues the bill is not focused on reducing emissions but on "reducing the cost for Vermont taxpayers when we have to take steps to pay for rebuilding infrastructure after severe weather events." The proposal directs the Agency of Natural Resources to adopt an attribution methodology in consultation…
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