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BumRushDaShow

(150,177 posts)
Sat Apr 5, 2025, 06:11 AM Saturday

Chevron ordered to pay more than $740 million to restore Louisiana coast in landmark trial

Source: AP

Updated 6:32 PM EDT, April 4, 2025


POINTE À LA HACHE, La. (AP) — Oil company Chevron must pay $744.6 million to restore damage it caused to southeast Louisiana’s coastal wetlands, a jury ruled on Friday following a landmark trial more than a decade in the making.

The case was the first of dozens of pending lawsuits to reach trial in Louisiana against the world’s leading oil companies for their role in accelerating land loss along the state’s rapidly disappearing coast. The verdict – which Chevron says it will appeal – could set a precedent leaving other oil and gas firms on the hook for billions of dollars in damages tied to land loss and environmental degradation.

What did Chevron do wrong?

Jurors found that energy giant Texaco, acquired by Chevron in 2001, had for decades violated Louisiana regulations governing coastal resources by failing to restore wetlands impacted by dredging canals, drilling wells and billions of gallons of wastewater dumped into the marsh. “No company is big enough to ignore the law, no company is big enough to walk away scot-free,” the plaintiff’s lead attorney John Carmouche told jurors during closing arguments.

A 1978 Louisiana coastal management law mandated that sites used by oil companies “be cleared, revegetated, detoxified, and otherwise restored as near as practicable to their original condition” after operations ended. Older operations sites that continued to be used were not exempt and companies were required to apply for permits.

Read more: https://apnews.com/article/chevron-louisiana-land-loss-lawsuit-oil-e02e2bdd56095e79c4d2bce60bf957c9

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Chevron ordered to pay more than $740 million to restore Louisiana coast in landmark trial (Original Post) BumRushDaShow Saturday OP
Great to have a win, but $744 million is pocket change for Chevron, and will restore very little coastline. Scrivener7 Saturday #1

Scrivener7

(55,053 posts)
1. Great to have a win, but $744 million is pocket change for Chevron, and will restore very little coastline.
Sat Apr 5, 2025, 09:02 AM
Saturday

Hopefully the other mentioned lawsuits will make up some of the difference.

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