Chevron obviously has deep pockets so they will continue fighting the $18 billion ruling, though outside of Ecuador. The oil company is blaming politics for the verdict rather than their own failures. What’s interesting is that Chevron fought in the US to have the case moved to Ecuador, but now they can’t live with the results. It sounds like they expected different results in the small country where their money might have an even greater chance of influencing the courts. The Guardian:
The ruling confirmed a February judgment in the case. The Ecuadorean plaintiffs said in a statement that the decision was based on scientific evidence presented at trial proving that waste had poisoned the water supply. “The appellate court relied on a record that proved that Chevron has violated the rights of the communities where it operates,” the plaintiffs said in the emailed statement. The lawsuit deals with pollution of the rainforest by energy company Texaco, which Chevron bought in 2001.