9.10.2008

Cost

The total cost of the project is anticipated to be €3.2–6.4 billion. The construction of LHC was approved in 1995 with a budget of 2.6 billion Swiss francs (€1.6 billion), with another 210 million francs (€140 million) towards the cost of the experiments. However, cost over-runs, estimated in a major review in 2001 at around 480 million francs (€300 million) for the accelerator, and 50 million francs (€30 million) for the experiments, along with a reduction in CERN's budget, pushed the completion date from 2005 to April 2007. The superconducting magnets were responsible for 180 million francs (€120 million) of the cost increase. There were also engineering difficulties encountered while building the underground cavern for the Compact Muon Solenoid, in part due to faulty parts loaned to CERN by fellow laboratories Argonne National Laboratory and Fermilab.

David King, the former Chief Scientific Officer for the United Kingdom, has criticised the LHC for taking a higher priority for funds than solving the Earth's major challenges; principally climate change, but also population growth and poverty in Africa.

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