Chevron's Ethical Dilemma

stripes fined for Amazon pollution by Ecuador speak to A court in Ecuador has fined US oil giant Chevron $8.6bn (£5.3bn) for polluting a large part of the countrys Amazon region. The oil regular Texaco, which merged with Chevron in 2001, was accused of dumping one million million millions of gallons of ototoxic materials into unlined pits and Amazon rivers. Campaigners say crops were damaged and farm animals kil lead, and that local anesthetic cancer rates increased. Condemning the ruling as fraudulent, Chevron express it would conjure. The modulate go away also have to present a 10% legally mandated reparations fee, bringing the total punishment to $9.5bn (£5.9bn). Pablo Fajardo, lawyer for the plaintiffs, described the court ruling as a triumph of justice over Chevrons crime and economical power. This is an important step but were going to appeal this sentence because we think that the damages awarded are not comely considering the environmental damage caused by Chevron here in Ecuador, he told the BBC. A Chevron statement  verbalize the family would appeal, and called the ruling illegitimate and unenforceable. Hopes of precedent The lawsuit was brought on behalf of 30,000 Ecuadoreans, in a side which dragged on for nearly two decades.

The plaintiffs said the companys activities had destroyed large areas of rainforest and also led to an increased risk of cancer among the local population. The trial began in 2003 after almost a decade of legal battles in the US. At that time, a US appeals court ruled that the case should be heard in Ecuador. Environmentalists hope the case will set a precedent, forcing companies operating in developing countries to pursue with the same anti-pollution standards as in the industrialised world. Ecuadorean Indian groups said Texaco - which merged with Chevron in 2001 - dumped more than 18 billion gallons (68 billion litres) of toxic materials into the unlined pits and rivers between 1972 and 1992. Protesters said the company had destroyed their livelihood. Crops were damaged,... If you want to get a full essay, order it on our website: Orderessay

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