Local opposition kills C$5 billion Canadian dam plan

Reuters: TransCanada Corp and Atco Ltd have abandoned plans to build a C$5 billion ($4.85 billion) dam on the Slave River in northern Alberta after a local native group refused to back the project. The planned dam was a run-of-river project that would have generated 1,200 to 1,300 megawatts of electricity from the Slave, an undeveloped river that carries more that two-thirds of Alberta's waterflow north to Great Slave Lake in the Northwest Territories. The project, first proposed two ......

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