Vermont’s bold legislative stride aims to make fossil fuel companies pay for climate change damages, as global leaders and activists call for urgent action amidst political skepticism and legal battles.
Vermont’s state legislature is advancing a significant bill designed to hold large fossil fuel companies financially responsible for the damages attributable to climate change. This legislative proposal, highlighted by State Senator Nader Hashim, comes in the wake of damaging summer floods and extreme weather events experienced in the region. The bill proposes the establishment of a program requiring these companies to fund climate change adaptation projects within Vermont. Despite potential challenges and opposition from figures including Republican Governor Phil Scott, proponents believe in the necessity of the bill for equitable climate change mitigation.
In international news, former UN climate chief Patricia Espinosa warns of the implications of Donald Trump potentially being re-elected as US President, particularly concerning global climate goals. Espinosa expressed concerns over Trump’s previous actions, like withdrawing from the Paris Agreement and promoting fossil fuels, which could hinder efforts to limit global warming. She emphasizes the vital role of other countries, especially in Europe, in maintaining momentum toward climate targets, stressing the importance of collaborative efforts in the face of US policy shifts.
Furthermore, Shell faces criticism and legal scrutiny over its lawsuit against Greenpeace, seeking $1m in damages following activists boarding an oil platform in protest against drilling activities. Over 30 public figures, including Emma Thompson, Imelda Staunton, and Greta Thunberg, alongside more than 100,000 members of the public, signed a letter condemning Shell’s actions and urging the company to focus on combating climate change rather than restricting protests. Shell defends its legal action, emphasizing the safety risks involved in such protests, while civil society groups and individuals globally voice their disapproval and demand a halt to new oil and gas developments by the company.