The hydropower hub calls into question the race for renewable energy.
It may not have been able to compete with fossil fuels but global warming has given nuclear power an edge: on more subsidies. The example of New Jersey shows how desperation on the global warming front is jeopardizing decision-making and ignoring the penalties and perils of “clean energy’s” new good guy.
(March 19, 2014) Companies ‘do not have a right [to expect the compensation] not to be changed.’
(February 28, 2011) Amanda Wu of China Tibet Online reports that Tibet is planning to spend $700 million on a new megadam project.
(February 25, 2011) Chinese official media reports that construction of the Three Gorges Dam will be completed in five years. Cost estimates for the project range from $22.5 billion to $70 billion USD, and it has displaced over 1.4 million people.
(December 19, 2010) Gravel-laden barges glide past the willow-fringed banks of the Grand Canal, plying a trade route built 2,500 years ago to bring grain from China’s fertile south to its rulers in the north.