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A great example of bullshit megaprojects that governments announce with no real intention of ever implementing. I searched and tried to find something recent ab
by hn_throwaway_99 2y ago
A great example of bullshit megaprojects that governments announce with no real intention of ever implementing. I searched and tried to find something recent about this project. Pretty much everything I found was around the announcement in Nov 2021 - the latest article I found was this one from Jan 2022, https://dialogue.earth/en/energy/50155-chile-underwater-cable-export-energy-asia/ https://dialogue.earth/en/energy/50155-chile-underwater-cabl... , which states the project "does not yet have feasibility studies or a form of financing".
I also would like a magic pony.
- deleted 2y ago[deleted]
- mikrotikker 2y agoIf they spend $100m on a feasibility study or planning work before getting shit canned for "cost blowouts" someone still got paid.
- thehappypm 2y agoPeople have been stringing cables across the ocean for centuries now. What makes this so much harder?
- hn_throwaway_99 2y agoPower cables are a wee different than communications cables.
- thehappypm 2y agoPower cables are smaller.
- ben_w 2y agoChina could absolutely do this if they want to, but they may well have better things to do with all the aluminium their rapidly expanding factories are producing. At this scale it's not even mainly financial, it's opportunity cost and geopolitical considerations, on both the pro- and con- side.