Jury orders Chevron to pay more than $744m for destroying Louisiana wetlands

Verdict marks end of the first trial of 42 lawsuits filed about 12 years ago, alleging firm’s projects destroyed the regionsChevron has been ordered to pay more than $744m in damages for destroying parts of south-east Louisiana’s coastal wetlands over the years.The ruling, which came in the form of a civil jury verdict on Friday, marks the conclusion of the first trial among 42 lawsuits filed about 12 years earlier which alleged that the company’s oil and gas projects have led to the degradation of the region’s wetlands. Among other things, the wetlands play a key role in offering the area a measure of protection from hurricanes. Continue reading...