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First major infrastructure project funded by Vermont's Climate Superfund Act
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Resolution / Starting Odds
Flood control system • 25%
Stormwater management • 25%
Renewable energy project • 25%
Climate resilience upgrades • 25%
Vermont State Government Infrastructure Reports
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Vermont Passes First 'Polluter Pays' Climate Superfund Act
May 30, 2024, 11:28 PM
Vermont has become the first state in the nation to pass a 'polluter pays' climate law, known as the Climate Superfund Act. The legislation, passed by a Democratic legislature and assented to by a Republican governor, will use attribution science to hold oil, gas, and coal companies accountable for damages associated with their emissions. The law aims to fund climate-adaptive infrastructure projects by imposing fees on fossil-fuel producers. This first-of-its-kind measure is expected to generate billions in revenue to address climate change damage, particularly in a state increasingly affected by extreme precipitation events in New England.
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Yes • 50%
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Less than $100 million • 33%
$100 million to $500 million • 33%
More than $500 million • 34%
ExxonMobil • 25%
Chevron • 25%
BP • 25%
Shell • 25%
Upheld • 33%
Overturned • 33%
Partially Upheld • 34%
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No change in operations • 25%
Minor operational adjustments • 25%
Significant investment in renewable energy • 25%
Reduction in operations within Vermont • 25%
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Yes • 50%
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