China has finally conceded that there are massive problems with the colossal Three Gorges Dam, the world’s largest hydroelectric project. The ruling state council has issued a statement acknowledging serious flaws in the dam across the Yangtze River, as the rate of water release was increased to ease a severe drought devastating downstream rice-growing areas. Environmentalists have been highlighting the problems for years. “The government will properly handle the negative effects brought by the project to the middle and lower reaches of the Yangtze River and improve the long-term mechanisms for geological disaster prevention,” ran a statement carried on the Xinhua news agency. Read More