The Three Gorges Dam, upon its completion, was estimated to have cost $40 billion and also to have caused around 1.4 million people to relocate. According to Chinese authorities, it is a much-needed solution to the frequent flooding of the Yangtze river and is also very important as a source of power. The dam's energy capacity is equivalent to 11% of China's total hydropower capacity. However, since the maximum water level was reached, the number of geological disasters in the area has increased. Up to 100,000 more people may need to be moved due to these disasters.
Led by China, the developing world is engaged in a flurry of dam construction, touting hydropower as renewable energy in an era of global warming. But critics point out that the human and environmental costs of dams remain high.
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