True Cost of Chevron Coalition Releases Alternative Annual Report, Speaks to Shareholders
Posted by jinn on June 2nd, 2009

Proxies representing Nigeria, Ecuador, the Philippines, Burma, Iraq, Richmond and Kazakhstan return from speaking to Chevron's Shareholders - AP Photo/Paul Sakuma
JINN is a member of the diverse coalition of organizations and individuals who wrote and released The True Cost of Chevron: An Alternative Annual Report on May 26 in time for Chevron’s shareholder meeting on May 27. Several members of the coalition presented the report to shareholders, the board of directors and Chevron’s CEO David O’ Reilly inside the shareholder meeting. O’ Reilly responded by saying the report belonged in the trash can and that he was personally insulted by the statements made by the proxies who represented Chevron affected communities around the world. Read the Full Press Release from the Coalition
Our ally from the Niger Delta, human rights activist, Tunde Okorodudu was able to speak inside the shareholder meeting. He said: “David O’ Reilly showed nothing but disrespect to all those who traveled from around the world to address the shareholder meeting, Chevron has done nothing but enable the culture of violence that now permeates my region.”
A subvertisement ad campaign, designed by Underground Ads accompanied the release of the report.
Below is the announcement for the report and website with full information. Read the report and spread the word! TrueCostofChevron.com
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Think you know Chevron? Think again.Chevron’s 2008 annual report is a glossy celebration of the company’s most profitable year in its history. What Chevron’s annual report does not tell its shareholders is the true cost paid for those financial returns, or the global movement gaining voice and strength against Chevron’s abuses. Thus, we, the communities and our allies who bear the consequences of Chevron’s oil and natural gas production, refineries, depots, pipelines, exploration, offshore drilling rigs, coal fields, chemical plants, political control, consumer abuse, false promises, and much more, have prepared an Alternative Annual Report for Chevron. The True Cost of Chevron: An Alternative Annual Report is a one-stop-shop for activists, policy makers, journalists, investors, analysts, and communities in struggle.It is the most comprehensive exposé of Chevron’s operations – and the communities in struggle against them – ever compiled. It includes reports from Alaska, California, Colorado, Florida, the Gulf Coast, Mississippi, New Jersey, New York, Utah, Washington, D.C, and Wyoming; internationally across Angola, Burma, Canada, Chad, Cameroon, Ecuador, Iraq, Kazakhstan, Nigeria, and the Philippines.
Antonia Juhasz is the lead author and editor of the report, which includes the writings of sixteen additional authors from across the U.S. and around the world and the contributions of dozens of organizations. The 44-page report is available to download at TrueCostofChevron.com – a visually stunning website using our ChevWrong “Inhumane Energy” ads that reveal the hypocrisy of Chevron’s human energy ad campaign. The report and the ads can be downloaded for free from the website, which also provides links to the organizations involved in the True Cost of Chevron campaign and more. Photo LEFT: Fire burning at Chevron Pascagoula, MS refinery, photograph by Christy Pritchett ran August 17, 2007. |
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