George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Saturday, February 26, 2011

Brazil judge blocks Amazon Belo Monte dam--Rainforest saved from profiteers. UPDATE: Brazil Belo Monte Dam approved--of course


  • "A court in Brazil has approved a controversial hydro-electric project in the Amazon rainforest, overturning an earlier ruling.

Last week a judge blocked construction of the Belo Monte dam, saying it did not meet environmental standards.

But a higher court on Thursday said there was no need for all conditions to be met in order for work to begin.

Critics say the project threatens wildlife and will make thousands of people homeless."...

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2/25/11, "Brazil judge blocks Amazon Belo Monte dam," BBC

"A Brazilian judge has blocked plans to build a huge hydro-electric dam in the Amazon rainforest because of environmental concerns.
  • Federal judge Ronaldo Desterro said environmental requirements to build the Belo Monte dam had not been met.

He also barred the national development bank, BNDES, from funding the project.

  • The dam is a cornerstone of President Dilma Rousseff's plans to upgrade Brazil's energy infrastructure.

But it has faced protests and challenges from environmentalists and local indigenous groups who say it will harm the world's largest

  • tropical rainforest and displace tens of thousands of people.

Judge Desterro said the Brazilian environmental agency, Ibama, had approved the project

  • without ensuring that 29 environmental conditions had been met.

In particular, he said concerns that the dam would disrupt the flow of the Xingu river - one of the Amazon's main tributaries - had not been met.

His ruling is the latest stage in a long legal battle over Belo Monte.

  • Previous injunctions blocking construction have been overturned.

The government says the Belo Monte dam is crucial for development and will create jobs, as well as provide electricity to 23 million homes.

The 11,000-megawatt dam would be the biggest in the world after the Three Gorges in China and Itaipu,

It has long been a source of controversy, with bidding halted three times before the state-owned

  • Companhia Hidro Eletrica do Sao Francisco was awarded the contract last year.

Celebrities such as the singer Sting and film director James Cameron have joined environmentalists in their campaign against the project.

They say the 6km (3.7 miles) dam will threaten the survival of a number of indigenous groups and could make some 50,000 people homeless, as 500 sq km (190 sq miles) of

  • land would be flooded."

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I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.