EIN News says, "Chevron Chiefs Face Shareholders After Huge $18 Billion Ecuador Fine Chevron bosses are facing shareholders for the first time since the company was fined a total of $18 billion by a court in Ecuador over contamination from oil extraction in the Amazon. California's largest oil company is coming under increasing pressure from institutional investors and long-term shareholders who are gathering at the annual general meeting at Chevron's HQ in San Ramon, near San Francisco. (guardian.co.uk)".
Let's not assume that Chevron actually caused $18 billion of damage in Ecuador.
The sign of the times is to go after people or organizations with "deep pockets". Oil companies have made very large profits and what better way for individuals or companies to also obtain some benefits by suing them. Enter now lawsuits by governments, in order to solve their internal financial problems. It's not necessary that the lawsuits be legitimate. It is only necessary that the defendants pay.
We have some trillions dollars of debt. Who can we sue that has money? China?
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