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Will Chile put lights out on that dam project?

Colbun, one of two companies behind the HidroAysen project, says it wants out. Greens are rejoicing.
Chile hidroaysen protest 2012 05 31Enlarge
A protester crouches by a sign that reads "No to HidroAysen," referring to Chile's ambitious, controversial hydro power project planned for the Patagonia region, on May 9, 2011, in Santiago. (Martin Bernetti/AFP/Getty Images)

Environmentalists in Chile are celebrating after a new twist in the hydroelectric dam saga that has dragged on in its pristine Patagonia.

Patagonia is home to breathtaking nature — including two rivers that companies plan to dam up and use to generate electricity to satisfy the South American country's rising energy needs.

Environmental and social groups have campaigned hard against the project, claiming it would carve up one of the world's last great wildernesses.

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