Soundview Vermont Holdings LLC, a division of Marcal Paper but known by the name of Putney Paper, has closed.

The paper mill, located in downtown Putney, Vermont and its converting plant, together employ 127 people. It is the end of an era started more than 200 years ago when the first paper mill was established in Putney.

Stephen Prentiss, labor and employment counsel for Marcal, which is based in New Jersey, confirmed that the Vermont plant would be closing.

In a press release issued on behalf of the company, Soundview Vermont President Rob Baron said the papermaking division of the mill will cease operation immediately but that the paper converting division will remain open until the end of the 2024 first fiscal quarter, and the end of March.

“Despite our best efforts to sustain operations at this historic paper mill, we had no choice but to shut down operations,” said Baron in a statement.

“The high cost of energy in the region has made it unaffordable to keep our doors open. Our top priority moving forward will be supporting our incredible employees and their families throughout this difficult transition.”

Soundview Vermont acquired Putney Paper Mill in 2012. Over the past decade, the company said it has invested tens of millions of dollars to strengthen the mill, but the rising energy costs are “insurmountable to sustain operations.”

(AP) — 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.

Republican Gov. Phil Scott allowed the bill to become law without his signature late Thursday, saying he is very concerned about the costs and outcome of the small state taking on “Big Oil” alone in what will likely be a grueling legal fight. But he acknowledged that he understands something has to be done to address the toll of climate change.

“I understand the desire to seek funding to mitigate the effects of climate change that has hurt our state in so many ways,” Scott, a moderate Republican in the largely blue state of Vermont, wrote in a letter to lawmakers.

The popular governor who recently announced that he’s running for reelection to a fifth two-year term, has been at odds with the Democrat-controlled Legislature, which he has called out of balance. He was expected by environmental advocates to veto the bill but then allowed it to be enacted. Scott wrote to lawmakers that he was comforted that the Agency of Natural Resources is required to report back to the Legislature on the feasibility of the effort.

Last July’s flooding from torrential rains inundated Vermont’s capital city of Montpelier, the nearby city Barre, some southern Vermont communities and ripped through homes and washed away roads around the rural state. Some saw it as the state’s worst natural disaster since a 1927 flood that killed dozens of people and caused widespread destruction. It took months for businesses — from restaurants to shops — to rebuild, losing out on their summer and even fall seasons. Several have just recently reopened while scores of homeowners were left with flood-ravaged homes heading into the cold season.

Under the legislation, the Vermont state treasurer, in consultation with the Agency of Natural Resources, would provide a report by Jan. 15, 2026, on the total cost to Vermonters and the state from the emission of greenhouse gases from Jan. 1, 1995, to Dec. 31, 2024. The assessment would look at the effects on public health, natural resources, agriculture, economic development, housing and other areas. The state would use federal data to determine the amount of covered greenhouse gas emissions attributed to a fossil fuel company.

It’s a polluter-pays model affecting companies engaged in the trade or business of extracting fossil fuel or refining crude oil attributable to more than 1 billion metric tons of greenhouse gas emissions during the time period. The funds could be used by the state for such things as upgrading stormwater drainage systems; upgrading roads, bridges and railroads; relocating, elevating or retrofitting sewage treatment plants; and making energy efficient weatherization upgrades to public and private buildings. It’s modeled after the federal Superfund pollution cleanup program.

“For too long, giant fossil fuel companies have knowingly lit the match of climate disruption without being required to do a thing to put out the fire,” Paul Burns, executive director of the Vermont Public Interest Research Group, said in a statement. “Finally, maybe for the first time anywhere, Vermont is going to hold the companies most responsible for climate-driven floods, fires and heat waves financially accountable for a fair share of the damages they’ve caused.”

Maryland, Massachusetts and New York are considering similar measures.

The American Petroleum Institute, the top lobbying group for the oil and gas industry, has said it’s extremely concerned the legislation “retroactively imposes costs and liability on prior activities that were legal, violates equal protection and due process rights by holding companies responsible for the actions of society at large; and is preempted by federal law.”

“This punitive new fee represents yet another step in a coordinated campaign to undermine America’s energy advantage and the economic and national security benefits it provides,” spokesman Scott Lauermann said in a statement Friday.

Vermont lawmakers know the state will face legal challenges, but the governor worries about the costs and what it means for other states if Vermont fails.

State Rep. Martin LaLonde, a Democrat and an attorney, believes Vermont has a solid legal case. Legislators worked closely with many legal scholars in crafting the bill, he said in statement.

“Most importantly, the stakes are too high – and the costs too steep for Vermonters – to release corporations that caused the mess from their obligation to help clean it up,” he said.

PITTSFIELD, Vt. (WCAX) – More than 30 new police recruits Friday traded their training gear for badges as they were sworn in as the 117th recruit class to graduate from the Vermont Police Academy.

“Born to serve, trained to protect” were the words recited by the 117th basic recruit class at the Vermont Police Academy Friday.

The 31 recruits officially walked out the doors on their way to serve as the state’s newest law enforcement officers.

“It’s a great feeling to graduate. I’m excited to get back out on the road and help my community. It’s a building block. I’ve learned that without the people I’ve had here, without my fellow classmates, there’s no way we would have been as successful as we were,” said Hinesburg Police Ofc. Andrew Thomas.

Inside, each recruit was given a certificate while family members helped to pin on their badge. Class president and newest Vermont State Trooper Michael Robidoux told his classmates that the work they’re going to do will have an impact. “Never forget that it matters — giving back to this great state and the community, protecting some of the most vulnerable members of society, and showing up on potentially the worst day of someone’s life. It matters,” he said.

This graduation comes as many departments throughout the state say they’re still struggling to recruit new officers. The VSP says they welcomed in four new troopers with this class but it will take more to fill all their vacancies. “Our goal is consistently to put out as big of a class as possible, and we try to get up to 20 people per class. Seeing back-to-back or repeated classes of that size will definitely start to put a dent in the problems with retention or attrition,” said VSP Lt. Robert McKenna.

While these recruits have completed their training at the academy, they’ll now go through additional training at their respective departments

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