Water and dams

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Is the era of big infrastructure projects over?  Or is it just getting started?  How important are dams anyway?

 

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The World Bank *is* back supporting dams: http://www.aguanomics.com/2012/04/that-dam-zombie-is-back.html

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I recall hearing a discussion about the fact that dams actually do contribute to green house gases because of the accumulation of decaying vegetable matter and algae growth. Does anyone have a reference for this argument?

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