Chevron hit with massive fine after court finds company responsible for widespread damage: 'The state ... will not surrender'
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Chevron hit with massive fine after court finds company responsible for widespread damage: 'The state ... will not surrender'
A Louisiana jury has ordered Chevron to pay more than $744 million in damages for destroying parts of the state's coastal wetlands through its oil and gas operations, The Guardian reported. What happened? The jury found that Texaco, now owned by Chevron, violated state regulations by contributing to the disappearing coastline through dredging canals, drilling wells, and dumping massive amounts of wastewater into the marsh. The verdict included $…
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