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Chevron Awarded $220 Million in Amazon Pollution Case in Ecuador w/ Paul Paz y Mino (G&R 447)
Chevron has been awarded $220 Million in the Ecuadoran Amazon pollution case. The award comes from the Investor-State Dispute Settlement (ISDS) system, part of Hague-based Permanent Court of Arbitration. From 1964-1992, Texaco polluted thousands of acres of Amazonian rainforest and poisoned its residents. In 1993, those residents took Texaco to court. In 2001, Chevron acquired Texaco and took its debts (including the billions it owes Amazonian residents).
In 2011, an Ecuadoran court awarded the residents $9.5 billion in damages for the pollution and poisoning. Since then, Chevron has waged a…
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