AUz
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sorry I didn't mean to offend your fragile feelings
I'm not convinced that this project has anything to do with ecology. Do you have anything to back that up?
Because all other projects was about cutting down the northern forests of Istanbul.
a few bird species are about to go completely extinct due to the third airport construction.
and Terkos lake is at risk
that's serious shit.
You need to take into account the ROI (Return on Investment) for Turkey's decision makers.
The crazy canal project (if completed effectively and timely) would spark unprecedented growth in (European) Istanbul and even beyond (Western most frontiers of East Thrace). Just imagine the value of water-side property alone that will be build around the canal after its completion. The property alone will be worth billions of dollars and moreover, the land's commercial value itself will sky rocket. So with initial investments of 10 to 15 billion, the Turkish government (ideally) would be able to generate wealth that's much more than $15 billion. You see, that's a very lucrative investment for economic growth, positive ROI, and expansion of Istanbul itself. And this is without taking into account the revenue canal will generate through shipping--I might be low b/c of Bosphorus, as you pointed out, but still--any revenue is a plus. (All of the above can be said about the third airport as well).
Also, consider political realities. Investment in energy wouldn't give you the "show-case" tool for electoral politics. Building a massive project that generates growth and expansion will be a great asset to sell to the electorate to get their support and votes. Moreover, the electorate can "see" the work done by AKP in shape of the massive canal and waterside property. With energy, you can't see much. So therefore, even from political point of view--it makes sense why AKP would go for this project.
Lastly, I don't know how big of an issue energy is in Turkey. Do you guys get "loadshedding" in Turkey? As in, do you have regular power-cuts in various parts of Turkey? And oh, if I was a Turk and I didn't want the canal--I'd rather have 10B invested in nuclear power plants instead of investing them in solar energy.
Nuclear power is the future of humanity--the most reliable, cost effective way to generate energy for civilization's consumption.