A looming power shortage in Iceland could have dire economic consequences
“I think more and more people in Iceland are realizing that those who don’t want to utilize natural resources, leave nature completely untouched and not affect ecological systems at all, are in fact preaching a decrease in living standards. We need to grow the economy, because the population is growing, but in the past five years nothing has been done in regards to increasing energy production,” says energy consultant and economist Þórður Gunnarsson.
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