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House advances climate cost-recovery bill, proposing Senate amendments; S259 passes House 100–33
Summary
After hours of interrogation about retroactive strict liability, attribution science and potential cost pass-through to consumers, the House voted 100–33 to propose amendments to Senate Bill 259 and ordered third reading, advancing a plan to charge major fossil-fuel producers for Vermont climate costs.
The House debated and advanced Senate Bill 259, a measure that would authorize Vermont to recover costs tied to climate impacts from certain fossil-fuel producers, voting 100–33 to propose to the Senate that the bill be amended as recommended by the Committee on Environment and Energy.
Supporters described S259 as a fairness measure that would create a Climate Super Fund to pay for climate adaptation and recovery projects. "This is saying, hey — parties that also did really well making a lot of money on this, tango with us," the member from Burlington said, outlining a six-step process for implementation that includes an ANR resilience…
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