Belo Monte, "The Worst Engineering Project in the History of Brazil"

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“>what’s all the investment for? In the journal article, Coronado Antunes asks the same question. That is, for US$17 billion dollars, for the largest loan and smallest interest rates in the history of the Brazilian National Development Bank, for the siphoning of workers’ pension funds, for all the impacts Belo Monte will bring, and at a cost of almost 75% of what it cost to build the Itaipu Dam, Brazil will receive a measly pittance of electricity for four months out of the year.  

Indeed, truly a shame.  

It’s almost as if, through the statistics of the engineers, the Xingu River is screaming, out loud: “I am not supposed to be dammed.”