
Ecuador top court: Chevron must pay for pollution
The Constitutional Court of Ecuador issued a long-awaited ruling in favor of those affected by the transnational oil company Chevron, which operated through its subsidiary Texaco in Ecuador between 1964 and 1990. Chevron will now have to pay $9.5 billion for the repair and remediation of social and environmental damage that, according to audits and expert reports, were a result of oil company operations in the Amazonian provinces of Sucumbíos and Orellana. The court found that Chevron deliberately dumped billions of gallons of toxic oil waste on indigenous lands in the Amazon rainforest. (Photo via Mongabay)