My latest post on the THINK platform:
As I wrote in an earlier post, the global aluminium industry has a strong presence in Iceland due to the country’s plentiful and relatively inexpensive green energy. Indeed, a few years ago, Icelandic authorities ventured forth into the world waving a brochure titled “Lowest Energy Prices!!” in an effort to hustle customers – with evident success.
So – just how low ARE those energy prices? The prices that the National Power Company – Landsvirkjun, a company in the public domain, is charging foreign multinational corporations in return for copious amounts of green energy?
The answer is … we don’t know.
We the Icelandic taxpayers, owners of that same National Power Company, do not know what those large multinationals are paying for our common resource, because that information is TOP SECRET.
[Weather: same as last post]