In Ecuador, the oil giant Chevron is being accused of causing massive environmental damage to the Amazon rainforest. Nearly 30,000 Amazon residents have filed suit against Chevron seeking $6 billion in damages. Ecuadorean President Rafael Correa traveled to the forest area to back the residents’ case.
Ecuadorean President Rafael Correa: “This is the damage caused, I insist, the damage caused in the Ecuadorean Amazon by mining by Chevron’s Texaco. It’s 30 times greater than the damage that the Exxon Valdez caused, but it looks like if it occurs in the Third World, it doesn’t matter.”