Updated costs for the proposed Waimea dam have added a whopping $26 million to its bottom line, putting the future of the controversial project in doubt.
"Unless a solution can be found to close the gap, the dam won't go ahead," Tasman district mayor Richard Kempthorne told a media briefing on Thursday morning. "There is no doubt this is a major setback and possibly the greatest challenge yet for the project."
A long-time supporter of the dam as the best option to augment the water supply for Waimea, Kempthorne said he was "gutted" by the updated figures, which represent a 35 per cent escalation in costs.
Good riddance. The conservation estate is for conservation, not building dams, while the resulting intensified farming (in part driven by the need to pay irrigation fees) will only lead to dirtier rivers. The sooner this project is cancelled, the better.