Category: Export Credit

Columbia geophysical hazards scientist says evidence shows dam reservoir likely triggered China’s great quake of 2008

(January 26, 2009) Christian Klose, a geophysical hazards research scientist from Columbia University in New York, says geophysical data suggests that the Zipingpu dam reservoir — just a few kilometers from the epicenter of China’s great quake of 2008 — likely triggered the deadly quake and explains how it happened.

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The aid industry in Nepal — large budgets, large problems

(November 26, 2008) The Asian Development Bank, Chinese banks, and Indian firms are using foreign aid to build a mega-dam in Nepal where experts say an earthquake is likely. Nepal’s Federation of Water and Energy Users says the decision bypassed Parliament, violates the constitution and the human rights of Nepalese. Meanwhile, local micro-hydro operators are churning out cheaper, reliable, aid-free power.

Chilean Patagonia Without Dams

(October 16, 2008) A leading Chilean environmental activist, Juan Pablo Orrego will share his analysis of hydroelectric mega-projects proposed for Chilean Patagonia, and will also explore the broader context of economic and political power that shapes energy policy in Chile and contrains opportunities for meaningful democratic process on environmental questions.

Chile’s Hidroaysen may flood Patagonia park

(September 17, 2008) In addition to displacing 14 families and flooding major sections of Region XI’s Baker and Pascua river valleys, the controversial HidroAysén dam project – by the company’s own admission – looks to encroach on a nearby national park. HidroAysén is a joint entity created in 2006 by Spanish- Italian electricity giant Endesa and Chilean utility Colbún. HidroAysén project would flood portions of the Baker river valley.