SANTIAGO, Chile (AP) -- Chile's Supreme Court on Wednesday rejected challenges by environmental groups to a hydroelectric dam project in the wilds of Patagonia. The ruling upheld an earlier decision by an appeals court in the southern city of Puerto Montt, which decided the project doesn't violate the constitutional rights of those who challenged it, court spokesman Jaime Rodriguez said. The Italian company Endesa and the Chilean firm Colbun propose building five dams on the Baker and Pascua rivers in Patagonia, a southern region of glaciers, deep valleys and mountains. Chilean President Sebastian Pinera supports the $7 billion project, saying it's important for Chile's economic development.
04 Apr 2012 11:20
European carbon prices could fall below 5 euros should EU lawmakers abandon efforts to withdraw perm…