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Jungle Fumble - The Ecuador Lawsuit Against Texaco/Chevron
Manage episode 510229479 series 3415024
Environmental consultant Dave Russell recounts his involvement in the Ecuador lawsuit against Texaco/Chevron over Amazon rainforest contamination. Hired in 2003 to assess cleanup costs, Russell produced a $6.1 billion estimate based on unverified assumptions—a "SWAG" (Scientific Wild Ass Guess) that helped secure a $9.5 billion judgment. However, his soil samples revealed the primary toxins were missing, and ongoing contamination came from Petro Ecuador, not Chevron. The case unraveled when Chevron exposed massive fraud.
134 epizódok
Manage episode 510229479 series 3415024
Environmental consultant Dave Russell recounts his involvement in the Ecuador lawsuit against Texaco/Chevron over Amazon rainforest contamination. Hired in 2003 to assess cleanup costs, Russell produced a $6.1 billion estimate based on unverified assumptions—a "SWAG" (Scientific Wild Ass Guess) that helped secure a $9.5 billion judgment. However, his soil samples revealed the primary toxins were missing, and ongoing contamination came from Petro Ecuador, not Chevron. The case unraveled when Chevron exposed massive fraud.
134 epizódok
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