Iceland, in the Northern Atlantic Ocean, where live 300 000 people, is the 5th of 146 countries in the environmental sustainability Index (2005). Many islands in the World have energetic supply problems, especially high costs. Luckily, Iceland produces hydroelectricity and geothermal energy. The next step is to break free from the constraints of fossil fuel.
Thus, the Government adopted a plan to develop hydrogen engines. By 2035, most of the cars will be hydrogen fuelled. In April, the the first hydrogen power commercial vessel will carry people for whale watching tours. In the future, all the draggers will be hydrogen fuelled. 70% of the country economy depends on fishes exportation.
Due to its wealth, people and companies can pay $7 a gallon of fuel. If the country breaks free from the oil supply, it would become totally independent, and wealthier than it is. On top of this, Iceland will cut domestic inflation, which is mainly caused by variation prices of oil. This initiative will be interesting to follow even if it is much more easier to develop hydrogen energy in a small and wealthy country like Iceland than in the United States, India or China. The amount of the investments is lower, and involving people is easier.
Full story: http://tyler.blogware.com/blog/_archives/2008/1/24/3483984.htmlÂ
