by MPD
Categories: Causes, Music, People
Tags: , .

Iceland is in some serious trouble and Bjork thinks going green just might help! Bjork thinks the best way to rescue her country’s ailing economy is by supporting local eco-friendly businesses and using the financial slump as an opportunity to clean up the environment.

Bjork became angry when she learned the government had plans to build two huge aluminum smelters — insisting that authorities promote greener fuel choices. In a recent article on TimesOnline, she wrote:

“To take this much energy from geothermal fields is not sustainable. We are facing a disaster from betting everything on finance. If we build two more aluminum smelters, Iceland would become the biggest aluminum smelter in the world… It would leave little room for anything else. If the price of aluminum falls – as it is doing – it would be catastrophic. Iceland can be more self-sufficient and more creative – and still have an approach that is more 21st than 19th century. It can build fewer, smaller and greener dams.

“Let’s use this economic crisis to become totally sustainable. Teach the world all we know about geothermal power plants. Support the Icelandic seed companies. Support the grass roots. It may take longer to build and deliver profits but it is solid, stable and something that will stand independently of the rollercoaster rides of Wall Street and volatile aluminum prices. And it will help Iceland to remain what it is best at: being a gorgeous, untouched force of nature.”

In other Icelandic news, best-selling inspirational and vegan author Victoria Moran (who’s seriously like a God over there) is currently in Iceland giving talks and trying to raise spirits! Moran is a friend of Ecorazzi and we wish her all the best! Keep up the good work, Victoria!

To read Bjork’s full article, visit TimesOnline.com!

  • http://celebrities.com/ Key

    Iceland’s geothermal potential is beyond phenomenal.

    I remember a special I saw not long ago about how people around the world were moving towards sustainable fuels. Iceland was hailed as revolutionary, standing on the brink of being completely self sufficient thanks to it’s geothermal wealth. That they’d move away from that shinning potential seems completely incomprehensible to me.

  • fbr

    Key, I don’t think you understood the article. They are not moving away from geothermal energy. Instead they are doing the opposite. They want to harness more of the cheap geothermal and hydro energy and use it to smelt aluminum, an industry that requires huge amounts of energy.

    The problem is that in order to harness the energy they need to build large plants and dams which, according to the article, would ruin the landscape.

    Another problem is that their economy would become more dependent on the demand of aluminum. Although considering 70% of their exports are fish, increasing the amount of aluminum produced would actually diversify their economy.

    At the end of the day, the Icelandic tax payers owe huge amounts of money following the collapse and socialization of their banking racket. The only way they can hope to ever repay it is by selling their energy (e.g., by smelting aluminum). There isn’t enough fish in the sea to cover their debts.

  • http://www.people-magazine-reviews.com peoplemagazine lover

    But some of them were quite optimistic; I was watching a documentary on the TV, and the local authorities were stating that fish could actually cover enough of their losses. On the other hand, a recent poll amongst youngsters show that 90% of them wish to leave the country and go to work somewhere else. This alone shows the future I think.

  • fbr

    In that case the local authorities are delusional. Before being socialized the Icelandic banks had over 40 billion Euros of debt, these debts now need to be paid by the Icelandic tax payers. In comparison the GDP of Iceland in 2007 was about 8.5 billion Euros and it is expected to fall by at least 10%. The failed banks accounted for about 75% of the value of the Icelandic stock exchange, which has now been wiped out. At the same time their currency is worthless and they are only able to pay to import food due to loans given by other nordic nations.

    Iceland has historically been one of the poorest countries in Europe and only in the past decade or so rocketed on top of the lists of “wealthiest” countries. This was due to the banking bubble. Now that the bubble has burst, it seems inevitable that they will return to the bottom of the list unless they aggressively pursue new sources of income.