"#Vermont’s measure would task the state treasurer with calculating the costs of needed #climate adaptation work, as well as the damage inflicted by previous disasters such as last summer’s devastating floods.
The program would collect money from companies that emitted more than 1 billion tons of CO2 around the world from 1995 to today. Those companies with business activity in Vermont would be charged according to their percentage of global #emissions."
Louisiana Illuminator · Lawmakers hope to use this emerging climate science to charge oil companies for disasters • Louisiana IlluminatorClimate research is helping scientists pinpoint costs from a natural disaster that can be tied to historic emissions of oil companies.