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An Ecuadorian court has ordered US oil giant Chevron to pay $19.02 billion in compensation for environmental damage relating to its operations in the Amazon.
Thousands of indigenous people and local farmers accused US oil company Texaco Petroleum Co. of contaminating large areas of Ecuador’s Amazon rainforest when it operated in the region between 1964 and 1990.
Some 30,000 indigenous people and local farmers say the US oil firm Texaco contaminated large areas of Ecuador's Amazon Jungle when it operated in the region from 1964 to 1990,
A court in Ecuador announced on Saturday that ruled that U.S. oil company Chevron pay within 24 hours about $ 19 000 million, set in a conviction for environmental damage, which must be paid on Monday.
Originally posted by Silcone Synapse
reply to post by Trueman
Should be more IMO-19billion may sound like a lot,but it won't bring back forever dead species we may have never even discovered,or repair the lives of those people affected by oil polluted water.
50 billion at least,plus make all the chevron execs and all thier families live in the most polluted areas,and drink the toxic water for the rest of their lives,then maybe you are getting closer to a"fair price."