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Tribunal finds Ecuador released Chevron from pollution liability

2013-09-18 23:37:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: In a dispute stemming from a lengthy legal battle over Amazon rain forest pollution, arbitrators ruled that Chevron had already settled claims for damages in agreements with Ecuador despite a $19 billion award against the oil company. The international tribunal, acting under The Hague's Permanent Court of Arbitration, said in a ruling on Tuesday that Ecuador opted not to pursue damages beyond the country's 1995 and 1998 release agreements with Texaco - a company bought by Chevron in 2001. Those...

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