Dam

Brazil Judge Suspends $50B Dam Disaster Lawsuit

A Brazilian judge suspended a nearly $50 billion lawsuit against mining firms responsible for the 2015 Samarco disaster Thursday, as negotiations between the companies and authorities moved forward. The decision came as part of a ruling in which federal judge Mário de Paula Franco Júnior approved a road map toward a final agreement between prosecutors and mining companies Vale …


Amazon Megadam: European Companies Line Up to Bid for Giant New Hydro Project

Major European energy companies are set to build and run the controversial mega-dam project planned for the Tapajos river in the heart of the Amazon. This comes as a senior construction official has implicated the nearby Belo Monte dam in the massive corruption scandal that has engulfed President Dilma Rousseff and the country’s most powerful political figures. The Brazilian government is …