Saving Iceland

The price of aluminum has risen by more than 35 percent since the beginning of 2008. Aluminium prices hit a record high this week as China, the world’s biggest producer, ordered smelters to reduce production because of power shortages. In Africa, electricity prices for consumers skyrocket as ESKOM, Landsvirkjun’s South African partner, attempts to free up energy for aluminium. As electricity is redirected to aluminium corporations, people suffer blackouts. Read More

Due to Iceland’s current difficult economic situation (read our recent report Iceland Overheats) and the rapidly increasing aluminium prices. Prime Minister Geir H. Haarde (Independence Party, Sjálfstæðisflokkurinn), who is doing his best to negotiate new emission rights with the UN, and the Icelandic authorities are now more likely than ever before to approve new aluminium smelters.
Apparently the Social Democratic Alliance, who are part of the current coalition government with the Independence Party, drank too much of the Greek Lethe River. Those who drink from it experience complete forgetfulness, exhibiting concealment

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Icelandic Economy Suffers as Century Shareholders Make Record Profit
By Jaap Krater

As inflation rates in Iceland soared to 8.7% and the Icelandic krona lost a third of it’s value, US-based Century Aluminum started construction of a much disputed aluminium smelter at Helguvik, southwest of the capital Reykjavik. The Icelandic economy is suffering from overheating as billions are spent on construction of new power plants and heavy industry projects. The central bank raised the overnight interest rate to a whopping 15% to control further price increases as Icelanders see their money’s value disappearing like snow. It would seem that the last thing the tiny Icelandic economy needs is further capital injections.

But Icelandic investors are making record profits from the new projects. The value of shares sold to them by Century less than a year ago to finance the Helguvik smelter has increased by 33%, though the company has not made a profit in years. Read More

Century Aluminum had hoped to hold the traditional ceremony of digging the first spade of earth for their new smelter in Helguvik in a celebrity manner. But neither environmental protesters nor even the Icelandic corporate media were about to let that happen.
A group of people came to the ceremony to protest against how destructive the new Century smelter would be towards the ecological, social and economic life in the south-west of Iceland.They all refused to protest in the ‘designated protest area’ provided by the police, which was out of sight and sound from the ceremony itself. Instead they got much closer to the ceremony before being stopped, one person carrying a green and black flag being held by two undercover police. Some carried a coffin, which read ‘Reykjanes’ and gravestones which read “Innovation – died 6.6.08.”

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Interview with Siggi by Kristin Burnett
Strip Las Vegas Magazine
August 2007

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By Lowana Veal, Inter Press Service, 19 November 2007

“I am of the opinion that Iceland should not ask for a repeat of the Iceland Provision in the upcoming climate change negotiations,” says Iceland’s environment minister Thorunn Sveinbjarnardottir.
The Iceland Provision was the exemption given to Iceland when the Kyoto Protocol went into effect in 2005. Because Iceland derives 72 percent of its energy needs from renewable energy and had little heavy industry at the time the Protocol was agreed, the country was allowed to increase its greenhouse gas emissions by 10 percent from their 1990 level, rather than decrease emissions by at least 5 percent like most of the other signatories are required to do.
During the first commitment period, 2008-2112, the Iceland Provision allows for emissions averaging 1.6 million tonnes annually of carbon dioxide from energy-intensive industries that had not existed prior to 1990.
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Saving Iceland
8 November 2007

A new national record in criticizing a power plant has been set.

Following negative reports from environmental engineers, objections to the Bitru and Hverahlíð geothermal power plant expansion have grown to over 678. Residents, scientists and town authorities are concerned with how close the power plant is planned to be to the town of Hveragerði. They are also afraid that it will harm future tourism, and obstruct land for outdoor activities. Read More

An IPS/SEEN/TNI report, 2001

This important and lengthy report from the Washington based Sustainable Energy and Economy Network is highly informative about the operational structure of the aluminum industry and the resulting impacts on human rights and the environment.

• See also: IRN Aluminium toolkit – Foiling the Aluminum Industry: A Toolkit for Communities, Activists, Consumers, and Workers
• Frumvinnsla áls – Lýsing á hinni mengandi og orkufreku framleiðslu álbarra. Þýtt úr “Foiling the Aluminum Industry”

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Jamaica Bauxite Environmental Organization – Excellent video section showing the horrors of the mining of bauxite…

Jaap Krater
Earth First Journal
3 August, 2007

Summer of Resistance in Iceland – an overview

This year, Iceland saw its third Summer of direct action against heavy industry and large dams. In a much-disputed master plan, all the glacial rivers and geothermal potential of Europe’s largest wilderness would be harnessed for aluminum production (see EF!J May-June 2006). Activists from around the world have gathered to protect Europe’s largest remaining wilderness and oppose aluminum corporations.
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