A jury in Louisiana has ordered Chevron to pay $745 million to Plaquemines Parish to help restore wetlands damaged by the energy company, setting a precedent for other similar lawsuits in the state. The lawsuit alleged that Chevron, through its acquisition of Texaco, violated state law by not applying for coastal permits and failing to remove oil and gas equipment. Despite Chevron’s claims of innocence, the jury awarded the parish $575 million for land loss, $161 million for contamination, and $8.6 million for abandoned equipment, with Chevron planning to appeal the verdict.
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Do You Understand These 3 Critical Facts About Social Security COLAs?
We're approaching the announcement of Social Security's 2026 cost-of-living adjustment (COLA), which is crucial for current recipients to anticipate their benefits and personal expenses for the year. While the exact amount will be confirmed in October, understanding key COLA facts now can provide valuable insights into what to expect. Explain It To Me Like I'm 5: Social Security is like a big piggy bank that gives you money when you're older, and soon we’ll find...
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