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Iceland Seeks to Cash In On Its Abundant Renewable Energy

2013-10-03 15:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: Amid clouds of steam spewing from magma-heated pockets beneath Icelands Reykjanes Peninsula, a start-up company is tapping volcanic forces to transform the climate change agent carbon dioxide from a problem into a solution. Using geothermal electricity and flue gas from the Svartsengi power plant nearby, Carbon Recycling International (CRI) fuses waste CO2, with hydrogen split from water to create "renewable methanol." The Reykjavik-based clean-tech venture recently began exporting the product...

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Category:Electronics and Electrical

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