Chevron ordered to pay more than $740 million to restore Louisiana coast in landmark trial
Chevron must pay $744.6 million for environmental damage in southeast Louisiana, as ruled by a jury. Texaco, acquired by Chevron, failed to restore wetlands affected by oil operations. This verdict could set a precedent for future lawsuits against oil companies for land loss. Chevron plans to appeal the decision.
Chevron must pay $744.6 million for environmental damage in southeast Louisiana, as ruled by a jury. Texaco, acquired by Chevron, failed to restore wetlands affected by oil operations. This verdict could set a precedent for future lawsuits against oil companies for land loss. Chevron plans to appeal the decision. What's Your Reaction?
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