China has begun construction on what is set to become the world's largest hydropower dam on the Yarlung Tsangpo River in Tibet, a $167 billion project that could surpass the Three Gorges Dam in scale and output. The dam, located near the border with India and Bangladesh, has raised significant concerns about water security, environmental impact, and the displacement of local communities downstream. India and Bangladesh fear the project could alter river flows, affecting millions who rely on the Brahmaputra River for water and agriculture. While China touts the dam as a green energy milestone and a boost for its economy and clean energy goals, critics highlight the lack of transparency, consultation, and potential for geopolitical tensions. The project has also triggered a surge in hydropower and materials stocks, reflecting its massive economic footprint.
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