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Showing posts with the label Iceland

Much ado about Energy

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A geothermal plant in Iceland  Energy security has become a big issue with first Germany signing Greece up to become its solar power farm and now British authorities say they are in talks that could see electricity generated in Iceland from the country's volcanoes and geysers powering British homes. U.K. Energy Minister Charles Hendry will visit Iceland in May to negotiate an agreement to lay hundreds of miles of cables underwater to satisfy Britain's energy needs, Sky News Online reported Friday. The cables, known as interconnectors, would carry energy harvested from Iceland's geothermal sources and could provide a third of Britain's average electricity demand, Hendry said. "We are looking to a low carbon economy. I think the best way is to get a number of different inter-connectors first," he said. To reach Iceland the copper cables would need to be around 930 miles long, the longest such cables in the world. Iceland is keen to export energy after ...

Iceland writes off mortgage debt for its people

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This is awesome. It shows when the people DO STAND UP they have more power and win against the corrupt bankers and politicians of a country. Iceland is forgiving and erasing some of the mortgage debt of the population. They are putting the bankers and politicians on the "Bench of the Accused." Which means I assume they are putting them on trial for corruption. Now the rest of people of the world need to start doing the same thing. We all need to stand up and against all the corruption and fraud of the banks and politicians that are puppets of the banks and corporations. This move differs greatly from the approach taken by other European nations which is to tax the people and cut public services to ensure that interest payments continue to be made.