Stock Market News

U.S. Appeals Court upholds $14 million judgment against Exxon

2022.09.01 01:49

U.S. Appeals Court upholds $14 million judgment against Exxon
FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008.

HOUSTON (Reuters) – The U.S. Fifth Circuit Court of Appeals in New Orleans on Tuesday upheld a $14.25 million judgment against Exxon Mobil Corp (NYSE:XOM) for pollution from its Baytown, Texas, refining and petrochemical complex.

The judgment stems from a U.S. Clean Air Act lawsuit brought by two environmental groups, Environment Texas and the Sierra Club Lone Star Chapter.

This is Exxon’s second appeal of a Houston U.S. district court’s ruling that Exxon was responsible for repeated releases of pollution from the refinery and chemical plants in Baytown.

Exxon stipulated the Baytown complex had 16,286 days of violations between October 2005 and September 2013, which included multiple simultaneous violations.

“While we respect the court’s opinion, we disagree with the decision,” said Exxon spokeswoman Julie King. “We have acted responsibly and in accordance with regulatory requirements. We are reviewing the decision and considering next steps.”

Luke Metzger, executive director of Environment Texas, called on Exxon to accept the repeated decisions in the case against the company.

“After 13 years of litigation – including a three-week trial, two appeals, two remands of the case to the trial court for additional findings, and three appellate decisions against them – it is long past time for Exxon to accept responsibility and finally pay what it owes to the public for years of illegal, toxic pollution,” Metzger said.

The case was brought by the two groups under a provision of the Clean Air Act that allows citizens to sue when government agencies have failed to prevent pollution.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 93,339.01 7.85%
ethereum
Ethereum (ETH) $ 2,691.02 14.65%
tether
Tether (USDT) $ 0.999907 0.02%
xrp
XRP (XRP) $ 2.24 23.87%
solana
Solana (SOL) $ 189.20 13.12%
bnb
BNB (BNB) $ 577.72 12.72%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.24137 23.06%
cardano
Cardano (ADA) $ 0.72012 20.65%
staked-ether
Lido Staked Ether (STETH) $ 2,689.08 14.65%
tron
TRON (TRX) $ 0.214438 12.75%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 93,334.01 7.87%
chainlink
Chainlink (LINK) $ 18.73 19.16%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,299.16 11.65%
avalanche-2
Avalanche (AVAX) $ 25.62 21.15%
stellar
Stellar (XLM) $ 0.319898 20.00%
the-open-network
Toncoin (TON) $ 3.84 17.59%
sui
Sui (SUI) $ 3.03 20.74%
leo-token
LEO Token (LEO) $ 9.57 1.85%
hedera-hashgraph
Hedera (HBAR) $ 0.220034 24.79%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 21.11%
weth
WETH (WETH) $ 2,710.53 14.05%
litecoin
Litecoin (LTC) $ 98.94 18.16%
polkadot
Polkadot (DOT) $ 4.64 22.41%
hyperliquid
Hyperliquid (HYPE) $ 20.76 13.08%
usds
USDS (USDS) $ 0.993626 0.68%
bitcoin-cash
Bitcoin Cash (BCH) $ 333.61 18.47%
bitget-token
Bitget Token (BGB) $ 5.26 23.13%
ethena-usde
Ethena USDe (USDE) $ 0.996626 0.37%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,857.65 14.48%
uniswap
Uniswap (UNI) $ 8.43 23.75%
mantra-dao
MANTRA (OM) $ 4.71 9.57%
near
NEAR Protocol (NEAR) $ 3.42 20.71%
pepe
Pepe (PEPE) $ 0.000009 24.01%
whitebit
WhiteBIT Coin (WBT) $ 27.47 2.81%
monero
Monero (XMR) $ 207.89 11.92%
official-trump
Official Trump (TRUMP) $ 18.61 8.43%
ondo-finance
Ondo (ONDO) $ 1.16 15.14%
aave
Aave (AAVE) $ 234.44 22.39%
dai
Dai (DAI) $ 1.00 0.04%
internet-computer
Internet Computer (ICP) $ 6.90 20.07%
aptos
Aptos (APT) $ 5.67 20.66%
mantle
Mantle (MNT) $ 0.940783 19.91%
ethereum-classic
Ethereum Classic (ETC) $ 20.83 17.53%
okb
OKB (OKB) $ 46.46 9.94%
vechain
VeChain (VET) $ 0.034112 22.68%
kaspa
Kaspa (KAS) $ 0.104992 15.32%
crypto-com-chain
Cronos (CRO) $ 0.098602 20.77%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.30698 20.01%
bittensor
Bittensor (TAO) $ 304.59 23.98%