Chevron’s Situation in Ecuador Won’t Be Easily Dismissed

In my mind, what makes this all the more disgusting is where it happened, and why it happened there. We’re talking about a company whose leaders premeditated to commit an atrocity in a part of the world populated with men, women and children in whom “civilization” simply has no interest. The people of the entire region are invisible; they hold no currency; they do not matter. If they had perpetrated the same thing in the US, the executives responsible would have been making license plates for the next 15 – 20 years — and they knew it. We have clear laws in place — and a judicial system that does manage to lock up an occasional CEO or two for gross violations. So the folks in charge thought they would make some money by destroying a remote part of the world, and its forgotten people — all with total impunity.
And even though decades of jurisprudence finally produced a crystal-clear guilty verdict, they just might pull it off. Chevron has deployed many hundreds of the world’s finest and best-paid litigators to the case, and have vowed to fight this to the bitter end. Besides, they must be heartened by the success that ExxonMobil enjoyed in dragging out its payments on the Valdez oil spill in Alaska for more than 25 years before agreeing to pay a small portion — over a quarter of a century later. No fewer than 8000 beneficiaries of the ExxonMobil restitution died while they were waiting for their money to come in. I have to imagine that Chevron finds this travesty most encouraging.
Sorry to have to bring you news like this. And it’s not all that good for me either, as I routinely take considerable flack when I present stuff of this kind.
But I do it anyway.

I just conducted another in a series of radio shows that I bang out weekly under the name
Natural Gas is controversial.

I was amused at the remarks of BMW’s spokesperson Tom Kowaleski when I talked to him two years ago about the company’s initial foray into the EV market with the Mini E. He snickered when I asked if he’d consider sponsoring the website I had recently joined as a junior partner, EVWorld.com. “Craig, I have about 800 of these cars to lease, the same year I’ll be trying to sell a thousand times that number with internal combustion engines. Where do you think my attention is?” he chuckled.

What’s going on in the U.S. with Hydropower?