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...and the currency has lost 80% of its value. NoW Iceland is one of the first countries to go...
Iceland has been hit hard by the financial crisis. Banks have defaulted, unemployment is rising and the currency has lost 80% of its value. Now Iceland is one of the first countries to go bankrupt.
...Iceland become Europe's CO2 dustbin?...
Will Iceland become Europe's CO2 dustbin? Iceland's basaltic rocks are particularly well suited to burying the CO2 released by biogas plants all over Europe. Switzerland has just exported its first containers of CO2 to Iceland by road and sea. This CO2 will be mineralised in Icelandic soil in a process that mimics nature. However, not all Icelanders see this CO2 import in a positive light. Rep…
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