Chevron Accuses Richard Cabrera Of Voodoo Economic In Ecuador

Professor Richard Cabrera, the economist who's estimates have served to frame the environmental damage terms of debate in the court battle between giant oil company Chevron and the coutry of Ecuador, has been accused of what could be called "Voodoo Economics" by the San Ramon-based firm.

In a damaging press release, Chevron write the following:

Despite an awareness of these fundamental defects, Cabrera’s amended assessment makes no effort to correct any prior mistakes and introduces a new series
of egregious errors, such as:

• Recommending more than $9 billion in damages associated with “excess cancer deaths” without identifying a single victim, let alone providing any corroborating documentation such as a death certificate or a medical diagnosis.
• Recommending more than $3 billion in damages associated with groundwater contamination
even though his own data clearly indicate no such contamination exists, and Cabrera
acknowledges that he has no basis for devising a remediation plan or developing a cost estimate.
Rather, Cabrera simply adopts plaintiffs’ counsel’s demands to assess damages and repackages
them as fact.
• Conceding that his work was conducted in such a fashion as to assign blame to Chevron instead
of performing an objective and unbiased scientific analysis of current environmental conditions,
as the court had ordered.

Their assertions continue and essentially build a case to attack Cabrera's work. But my charge has been it's almost impossible to find anything about Cabrera online, other than his work on the Ecuador lawsuit against Chevron, where the country is attempting to have the oil firm pay entirely for environmental damage that Ecuador itself is largely responsible for. In this matter, Cabrera has filed fraudulent economic report claims, making estimates of monetary damage costs without providing substantiated evidence to support his report findings.