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Brazil is prepared to build a huge dam in the Amazon Rainforest.
Environment Minister Carlos Minc announced on Monday that his department had granted a license allowing for the construction of an 11,000 megawatt hydroelectric dam on the Xingu river in Belo Monte, in the northern province of Pará.
The dam project, which will cost about USD 17 billion, create a 97 square-mile reservoir, adn displace an estimated 12,000 people, is the centerpiece of a USD 30 billion Amazon development package, the largest since the 1960.
Said Minc: "The environmental impact exists but it has been weighed up, calculated and reduced."
Let's hope so.
Environment Minister Carlos Minc announced on Monday that his department had granted a license allowing for the construction of an 11,000 megawatt hydroelectric dam on the Xingu river in Belo Monte, in the northern province of Pará.
The dam project, which will cost about USD 17 billion, create a 97 square-mile reservoir, adn displace an estimated 12,000 people, is the centerpiece of a USD 30 billion Amazon development package, the largest since the 1960.
Said Minc: "The environmental impact exists but it has been weighed up, calculated and reduced."
Let's hope so.
