ArtĂculo
Chevron Estimate for Amazon Damages Rises by $11 Billion
Chevron Corp., which acquired Texaco Inc. in 2001, said a consultant in Ecuador raised by $11 billion his estimate of damages the company may have to pay for pollution in the Amazon allegedly caused by Texaco. A new report by geologist and environmental consultant Richard Cabrera said ChevronâŠshould pay as much as $27 billionâŠ. âCabrera again does not identify any of the individuals allegedly impacted by oil operations,â Kent Robertson, a Chevron spokesman, said yesterdayâŠ. âCabrera still does not offer any legal grounds or evidence to justify his incremental assessment for unjust enrichment.â⊠âThe new damages assessment is consistent with the costs of large environmental cleanups around the world,â said Steve Donziger, an attorney for the Ecuadorians.