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iceland finances


Financial crisis delays Iceland's hydrogen transportation project

Iceland is a gorgeous place. Just take a look at these Flickr submissions from the island. The country's finances aren't quite so pretty these days, and the reality of the financial crisis is dramatically slowing down the country's attempted shift to a hydrogen economy. Iceland has been testing hydrogen-powered vehicles for years, and the first hydrogen fueling station opened there in late 2007. One reason for the move to hydrogen is that the island country can fairly easily use geothermal energy to make hydrogen from water. The New York Times ... Read more →

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