China Advances $167 Billion Tibetan Mega-Dam

Bloomberg: “While much is still unknown about the project, its cost alone shows the epic scale engineers are envisioning, with the estimate more than four times larger than the $37 billion that Three Gorges cost upon completion in 2009.”

“That promises an economic jolt for sectors like construction, cement and steel, and a major new source of clean power that could eventually help the country reach its goal of net zero emissions by 2060.”