'Heavy Industry' Tag Archive

Mar 22 2011
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Icelanders Not Impressed By Heavy Industry


Grapevine.is

Most Icelanders would like to see their country’s economy turn towards innovative industries rather than aluminium smelters, a new survey shows.

Vísir reports on the results of an online poll conducted by the business analysis company Miðlun. Respondents were asked what the most important field of employment was.

Of those who responded, 30.8% said domestic industry should be a top priority. This was followed by companies focusing on innovation (18.1%) and jobs related to the fishing industry (14.7%).

Only 13% said they believed heavy industry was the most important area of unemployment that Iceland needs to focus on. Read More

Jun 09 2010
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The Impact of Heavy Industry Whitewashed – The Report of the Special Investigation Commission


Wilderness under attackThis article originally appeared in the June issue of the independent newsmagasine Róstur.

The Whitewash report, or “Investigative report of the Special Investigation Commission”  made by the Special Investigation Comission (SIC) on orders from Alþingi (The Icelandic Parliament) under the pretence of investigating “the prelude to and cause of the crash of the Icelandic banks and related events”, which also is the subtitle of the report, has been disected by the media and heavily discussed on public forums for the last couple of months. The major medias and other groups of interest have been busy covering it chapter by chapter, drawing out the main conclusions of each part into few sentances to make it easily accessable to their readers. But not all of the chapters are getting equal coverage. Most of the focus has been on selected chapters relating to indictable actions and negligence on behalf of government and bank officials in the run-up to the collapse, the processes of the privatisation policy, especially towards the banks, and the loan books and other financial documentation revealed by the report. In that way, the major medias and other public opinionmakers are, like always, backing up the authorities in their defence of the current political system. All coverage about the report is directed towards these few selected parts, scapegoating a few people from the pre-crash financial sector along with expendable and retired politicians to spare the rest. This has resulted in a black-out of all discussion about the most important and revealing parts of the report, namely the parts about the economic impact of the industrialisation policy. Read More

Nov 27 2009

Is Heavy Industry the Way Out of the Economic Crisis?


By Indriði H. Þorláksson – Economist

The economic effects of heavy industry must take into account both short and long term economic policies.

Statements put forth without reasoning sometimes obtain more significance than they merit. Two such statements that are held aloft about the building of energy plants and heavy industry are particularly dangerous.

On the one hand that they are necessary and that they might even be the way out of the crisis and on the other that the future of the Icelandic economic system is best insured by utilizing energy resources and with heavy industry. One looks to the short term and the other to the long term but both are questionable, probably wrong and even dangerous.

The economic impact of heavy industry must take into account both short and long term economic policies, In the short term, say 3-5 years the goal is to restart the economy. In the long term the goal is to promote growth in the economic system to provide citizens with the good things in life. To do so the economy has to provide the highest augmented value to the nation for its work, capital and resources.

Read More

Oct 29 2008

Björk: After Financial Meltdown, Now it’s Smeltdown


The men who made Iceland go cap in hand to the IMF are now bent on ruining its landscape

Björk, The Times – After touring for 18 months I was excited to return home a few weeks ago to good, solid Iceland and enjoy a little bit of stability. I had done a concert there earlier this year to raise awareness about local environmental issues and 10 per cent of the nation came to it; but I still felt it wasn’t enough.
So when I returned I decided to contact people all over the island who had attempted to start new companies and bring in new greener ways of working but had not succeeded. For a long time Iceland’s main income was fishing, but when that become uneconomic people started looking for other ways to earn a living. The ruling conservatives thought that harnessing Iceland’s natural energy and selling it to huge companies such as Alcoa and Rio Tinto would solve the problem.
Now we have three aluminium smelters, which are the biggest in Europe; and in the space of the next three years they want to build two more. The smelters would need energy from a handful of new geothermal power plants and the building of dams that would damage pristine wilderness, hot springs and lava fields. To take this much energy from geothermal fields is not sustainable. Read More

Feb 08 2006

Heavy Industry Projects Have Low Returns, Displace Jobs


Iceland Review

The required return on investment of the hydroelectric power plant at Kárahnjúkar was too low said Ágúst Gudmundsson, chairman of Bakkavör on the current affairs program Kastljós (Spotlight) Tuesday, according to the Icelandic Broadcasting Service, RÚV. “I would have preferred that the money had been spent in a different way,” he said. Read More

Feb 01 2006

Young Icelandic Activists Storm the Ministry of Industry


Twenty teenage activists stormed the offices of the Icelandic Ministry of Industry and staged a sitdown and noise demo inside the ministry for about an hour. This was to demonstrate against the international aluminium invasion into pristine Iceland.

The message was tainted more than little by irony: “We want more pollution, more smelters, more destruction of nature, only jobs in smelters, more Alzheimer, fuck nature, fuck the future”

Suddenly the teenagers sat down on the floor and produced tubs of ‘skyr’ (in symbolic support of the activists who drenched delegates at the 10th International Aluminium Conference with the yoghurt like substance) and proceeded to “eat their own words”.

The staff of the ministry called the police, who were well and truly ignored by the vigorous youngsters, and gave up sowing their usual brand of disorder.

This was a very cheerful protest and a total success. Most of the press and all TV stations turned up for the edifying spectacle and no one was arrested.

The action coincided most conveniently with a news release from the Ministry of Industry about four spanking new aluminium smelters that are to be built or extended (ALCAN and Century) in the south-west and north (ALCOA) of Iceland, promising amongst other horrors, according to scientists, to make the bay of Faxafloi the most heavily polluted area in Northern Europe.

Arms manufacturers ALCOA are deliberating a smelter in the north (possibly in Húsavík) on top of the monster 360.000 tons smelter war-profiteers Bechtel are already building for them in Reydarfjordur in the east of Iceland. Europe’s last great untouched wilderness is to be sacrificed to generate bogus “green” electricity for the ALCOA smelter.

Jan 18 2006

Icelandic ‘Skyr’ Activists Sentenced


Two of the activists who took part in the June 2005 Hotel Nordica ‘skyr’ action at the International Aluminium Conference, have recently been sentenced in Reykjavik municipal court to two months in prison suspended for two years and a £6000 “cleaning up bill”, fines and expences.

Hotel Nordica is frequently host to international heavy industry conferences. According to the owners of Hotel Nordica it cost over £5000 to hire a carpet cleaner for two hours! The original claim of Hotel Nordica (owned by Icelandair) was £55.000. ‘Skyr’ is a perfectly harmless jogurt like substance and nobody was hurt during the incident.

The action was a prelude to the Saving Iceland international protest camp which took place in the Icelandic higlands near the building site of Kárahnjúkar dams. The Kárahnjúkar dams are being built to provide bogus “green energy” for a 360.000 tons ALCOA owned aluminium smelter which is now being built by war profiteers Bechtel in the east of Iceland. This project alone threatens to destroy the largest pristine wilderness of Europe.

The protest camp was heavily persecuted by the Icelandic police through out the summer and exposed the repressive nature of the Icelandic government. The actions invigorated the Icelandic environmentalist movement and the opposition to the Kárahnjúkar dams and numerous other similar dam projects planned all over the Icelandic highlands, just to create energy for foreign aluminium corporations. These “developments” will destroy some of the most ecologically sensitive and beautifully preserved wildernesses in Europe. Read More

Jan 14 2006
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Saving Iceland Interview with Björk


The interview was conducted at the time of the Stop the dams! gig in January 2006. Björk is an internationally acclaimed musician and has often spoken out against the heavy industry policy of the Icelandic government. Björk will be joining the international protest camp near Kárahnjúkar this year.

Josie Demuth: What, for you, makes Icelandic nature so special that you want to stop it’s destruction and participate in this concert?

Björk: It is the largest untouched area in Europe and I feel it is not only my duty to speak out as an Icelander but as a European. The situation has reached a cross roads, Iceland’s economy which was 70 per cent fish went down, so what instead? The attention went from the sea to the land. Fifteen years ago they stopped building a dam in the 1970s because people spoke out and there were artistic protests. But now in 2005 there is this industrial revolution and this way of thinking to sacrifice nature for progress. They are not long term benefits and we can do so much more with nature. We can work with nature, for example, hotels have been put up all over Iceland, and there are tourist centres to tell tourists about the nature. We will not be able to rewind this natural destruction and as I’ve travelled I’ve begun to realise that this is not a modern way of thinking. 50 years ago were independent but what are we gonna do in 100 years now? We are not making progress with this. Read More

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