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Brazilian court suspends operating license Belo Monte dam

2016-01-16 03:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: The gigantic Belo Monte hydroelectric dam, located on the Xingu River in the heart of the Brazilian Amazon, stood just weeks away from beginning operation this week but the controversial mega-dam, the third largest on earth, has now been blocked from generating electricity by the Brazilian court system until its builders and the government meet previous commitments made to the regions indigenous people. Federal court judge Maria Carolina Valente do Carmo in the city of Altamira, in the state...

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BNDES: Corruption guided award huge Amazon dam contracts in Brazil

2016-01-12 04:07:05| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Brazils BNDES (Banco Nacional de Desenvolvimento Econômico e Social) is the largest development bank in the world. Its annual disbursements of US$50 billion in 2014 were greater than those of the World Bank and Ex-Im Bank (Export-Import Bank of the United States) taken together. Although the bank has played a key role in Brazils development over the decades, its hasty expansion in recent years has created widespread concern that the bank is out of control and causing damage to Brazils people and...

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Dam disaster death toll rises to 17

2015-12-22 09:54:49| BBC News | Business | UK Edition

The number of confirmed deaths from the collapse of a dam in Brazil has risen to 17, according to mining giant BHP Billiton.

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Brazil Vale says will appeal ruling block assets for dam burst

2015-12-21 01:38:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Brazil's Vale SA said on Sunday it will appeal a court decision to freeze some of it and BHP Billiton's Brazilian assets, saying the ruling, which declared the two mining companies responsible for a dam burst last month, was "inappropriate." Vale said it had still not been officially notified of the decision, which was issued late Friday, but understood the ruling banned it from extracting iron ore. It did not, the company said in a statement, prohibit it from performing other activities such...

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Bureau of Reclamation buys 27 e-ride electric utility vehicles for Grand Coulee Dam

2015-12-01 13:55:31| Green Car Congress

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