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Environmental proposals get cold shoulder

ChevronTexaco shareholders at their annual meeting Wednesday rejected two proposals questioning the company's treatment of the environment...Shareholders turned down a measure asking the oil giant to study how drilling could damage fragile ecosystems, including the Arctic National Wildlife Refuge. They also voted against spending more to clean up a stretch of the Amazon rain forest where Texaco once worked before its 2001 merger with Chevron.

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Texaco/Chevron lawsuits (re Ecuador)

ChevronTexaco annual meeting votes down proposals questioning company's treatment of environment in Ecuador & Alaska; approx. 9% vote in favour