Thursday, September 26, 2013

Ecuador Takes on Chevron


freespeechtv freespeechtv·







Published on Sep 24, 2013
 
Ecuador's Foreign Minister Ricardo Patiño discusses his government's involvement in two closely watched environmental legal battles. An Ecuadorean court has ordered the oil giant Chevron to pay $19 billion to indigenous and rural Ecuadoreans for the dumping of as much as 18.5 billion gallons of highly toxic waste sludge into the rainforest. But Chevron has refused, winning a partial victory last week when an international arbitration panel based in the Hague delivered an interim ruling questioning the validity of the original 2011 verdict.


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Ecuador Takes on Chevron, Global Indifference in Controversial Fights to Protect Rainforest



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Guests

Ricardo Patiño, Ecuador’s Foreign Minister.
During a visit to New York City for the United Nations General Assembly, Ecuador’s Foreign Minister Ricardo Patiño joins us to discuss his government’s involvement in two closely watched environmental legal battles. An Ecuadorean court has ordered the oil giant Chevron to pay $19 billion to indigenous and rural Ecuadoreans for the dumping of as much as 18.5 billion gallons of highly toxic waste sludge into the  rainforest. But Chevron has refused, winning a partial victory last week when an international arbitration panel based in the Hague delivered an interim ruling questioning the validity of the original 2011 verdict. Patiño also addresses why Ecuador recently dropped a plan to preserve swaths of the Amazon rainforest from oil drilling by having wealthy countries pay them not to drill, an effort that the Ecuadorean government says failed to attract sufficient funding. Leading environmentalists, including Vandana Shiva, Naomi Klein and James Hansen, recently wrote an open letter to President Rafael Correa asking him not to forsake the initiative, saying: "Along with thousands of other world citizens, we look to the Yasuní-ITT initiative as a pioneering step in the international struggle for a post-fossil-fuel civilization. We have been inspired by the determination of the Ecuadorean public to rejuvenate the initiative following your government’s recent decision to abandon it."


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