The document summarizes a report on the Three Gorges Dam project in China. The Three Gorges Dam is the world's largest dam, located on the Yangtze River. It was built to control floods but required the relocation of 1.6-1.9 million people and submerged cultural and archaeological sites. While it provides benefits like flood control, electricity, and shipping, it also caused environmental damage and the loss of scenic areas. There was opposition to the project due to its high costs and the fact that upstream provinces bore most of the costs but downstream provinces received most of the benefits.
Original Description:
Completed as a part of the presentation requirement for course HE311 - Cost Benefit Analysis.
Original Title
Economics - Cost Benefit Analysis - Three Gorges Dam
The document summarizes a report on the Three Gorges Dam project in China. The Three Gorges Dam is the world's largest dam, located on the Yangtze River. It was built to control floods but required the relocation of 1.6-1.9 million people and submerged cultural and archaeological sites. While it provides benefits like flood control, electricity, and shipping, it also caused environmental damage and the loss of scenic areas. There was opposition to the project due to its high costs and the fact that upstream provinces bore most of the costs but downstream provinces received most of the benefits.
The document summarizes a report on the Three Gorges Dam project in China. The Three Gorges Dam is the world's largest dam, located on the Yangtze River. It was built to control floods but required the relocation of 1.6-1.9 million people and submerged cultural and archaeological sites. While it provides benefits like flood control, electricity, and shipping, it also caused environmental damage and the loss of scenic areas. There was opposition to the project due to its high costs and the fact that upstream provinces bore most of the costs but downstream provinces received most of the benefits.
Alan Dai Sheng Jensen Yap Lee Liang Tian Lee Yee Jia Jamie Ong Soo Yue Wong Li Ting Introduction The worlds largest dam About 2,355m long and has a maximum height of 185m Built near the Three Gorges which in the middle course of Yangtze River where water traverse from the western Sichuan province into Eastern Hubei Objective To control flood Costs Project cost: US$ 24 billion During construction large areas of the Qutang, Wu and Xilang gorges, some 600 km upstream of the dam were totally submerged, and the rising water flooded some 500 cities, towns and villages along the river Relocation of 1.6- 1.9 million of people 1200 sites of historical and archaeological importance vanished. For example, Baheliang (possesses 165 pieces of inscriptions dating back to the Tang Dynasty) is submerged, Zhang Fei Temple at Yungang is relocated
Benefits Flood control Employment of 60,000 workers Increase shipping capacity for inland trading- greater development and economic progress Provision of drinking water to Shanghais 13 million inhabitants Hydroelectricity- reduced dependency on coal (about 1.1- 1.2 billion tons of coals saved annually) Irrigation- increased total crop yield and improved farmers livelihoods
Externalities Negatives Water pollution- water pollutant concentrated at the dam rather then being washed downstream and out to sea Wildlife destruction- stagnation of water affects life pattern of the animals. For example, Siberian Crane and Baiji Loss of great sceneries Positives Cleaner energy- less air pollution New skills acquired during employment for construction Multiplier effect of the capital investment Increased tax revenue for local government Reduced wage disparity between rural farmers and urban workers
Discussion Questions 1. The Three Gorges Dam brings economic development, controls flooding and provides irrigation to crops and farming to much of rural China. So why is there so much opposition to this seemingly beneficial projects? The Chinese government adopted this idea in 1954. Vice Minister of Electric Power Li Rui initially argued that the dam should be multipurpose, that smaller dams should be built first until China could afford such a costly project, and that construction should proceed in stages to allow time to solve technical problems, according to Chinese scholars Kenneth Lieberthal and Michel Oksenberg. Later, Li Rui concluded that the dam should not be built at all since it would be too costly, flood many cities and fertile farmland, subject the middle and lower reaches of the river to catastrophic flooding during construction, and would not contribute much to shipping. Sichuan province officials also objected to the construction since Sichuan, located upstream, would shoulder most of the costs while downstream Hubei province would receive most of the benefits. 2. How can the Chinese government internalize the external social cost? Preservation of the historical and archaeological structures (an underwater museum has been built) Artificial reproduction schemes for endangered animals Proper management of the quality of water in the dam reservoir