___________ became the first U.S. state to pass a law that will charge fossil fuel companies for damages caused by climate change on May 30, 2024.
Correct answer: C. Vermont
- A. South Carolina
- B. Georgia
- C. Vermont
- D. Alaska
Explanation
Vermont became the first U.S. state to enact a law requiring major fossil-fuel companies to contribute toward climate-related damage. The measure is based on the idea that major historical emitters should help fund adaptation and recovery.
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Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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