Tag Archives: profit vs health

Argentina Court Freezes Chevron’s Assets: Penalty for Polluting the Amazon in Ecuador


By Pratap Chatterjee
Global Research

Adrian Elcuj Miranda, a judge in Buenos Aires, has ordered the seizure of Chevron’s assets in Argentina, to force the company to pay a $19 billion penalty for polluting the Amazon in Ecuador. The plaintiffs are seeking similar legal action in Brazil, Canada, Colombia and other countries.

Chevron – a Northern California-based oil and gas company – merged with another company named Texaco in 2001 whose actions are the basis of the lawsuit. Between 1964 and 1992 Texaco admitted to dumping more than 16 billion gallons of toxic “water of formation” into the streams and rivers of the Ecuadorean Amazon that were used by local inhabitants for their drinking water sickening indigenous tribespeople and farmers.

Some 900 open-air toxic waste pits still dot the area, where approximately 9,000 people are expected to contract cancer unless it is cleaned up, according to a study by Dr. Daniel Rourke, former of the Rand Corporation.

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