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Ecuador court orders Chevron to pay $8 bln -lawyer

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tabatha Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-14-11 04:08 PM
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Ecuador court orders Chevron to pay $8 bln -lawyer
Feb 14 (Reuters) - An Ecuadorean lawyer for the plaintiffs said on Monday that a court in the Amazon city of Lago Agrio had ordered U.S. oil giant Chevron (CVX.N) to pay more than $8 billion in environmental damages.

http://www.reuters.com/article/2011/02/14/ecuador-chevron-plaintiff-idUSN149620320110214

Yes, get them to pay for their mess.
How would this be enforced, though?
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Nathanael Donating Member (375 posts) Send PM | Profile | Ignore Mon Feb-14-11 05:35 PM
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1. This is far from over
Chevron sounds as if they are going to fight this tooth and nail. http://energyboom.com/policy/ecuadorian-court-orders-chevron-pay-8-billion-oil-damages-company-vows-fight.

Nothing like pitting the "haves" vs. the "have-nots": multi-national oil company vs. rural community in developing nation. Which will our system prop up this time?
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