Economy & Business

Vermont Enacts 1st State Law Requiring Oil Companies Pay For Climate Damage

"Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather."

Source: AP, 06/04/2024

New Law to Give Florida Homebuyers More Transparency on Flood History

"For the first time, Florida home sellers will have to disclose certain aspects of a property’s flood history, under legislation Gov. Ron DeSantis signed into law this week."

Source: Inside Climate News, 06/03/2024

"Trump Suggests To Oil Donors He Will Fast-Track Their Merger Deals"

"Former president Donald Trump suggested to oil executive donors this month that he could ease the Federal Trade Commission’s scrutiny of their industry’s mergers and acquisitions if he returns to the White House, according to five people familiar with the matter."

Source: Washington Post, 06/03/2024

Dems Urge Justice Department To Prosecute Alleged Oil Industry Price-Fixing

"Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alleged collusion and price-fixing in the oil industry."

Source: AP, 05/31/2024

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