Officials Deny GlobalFoundries Effort to Become its Own Utility

February 17, 2022 (MONTPELIER, VT) – Vermont’s Public Utilities Commission (PUC) has denied a request from GlobalFoundries to become its own self-managed electric utility. The large manufacturing company in Essex Junction was seeking special permission to be free from the state’s most important climate change laws. Conservation Law Foundation (CLF) released the following statement in response.

“The PUC made the right call today,” said Chase Whiting, CLF Vermont staff attorney. “Allowing GlobalFoundries to skirt the state’s climate laws would set us back years in reaching our pollution reduction goals. This would be nothing more than an illegal loophole for a wealthy corporation, and officials saw right through it.”

CLF experts are available for further comment.