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Björk Speaks Up On Magma Again
This Tuesday, a formal proposal was submitted to the Public Representative of the Icelandic Parliament, signed by Björk Guðmundsdóttir, Jón Þórisson (the Icelandic assistant to Eva Joly) and the writer Oddný Eir Ævarsdóttir. The proposal concerns the sale of Iceland’s natural resources…
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Magma Energy Lied to Us
Let’s cut to the chase. The opacity of Icelandic business and politics has done the country, as a whole, no favours. Much hand shaking and back scratching has gone on behind closed doors and such secluded business environments have proved themselves to…
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Björk On Magma Energy
Dear friends, I can no longer remain silent on the very pressing subject that is the selling off of Iceland’s nature. I hereby challenge the government of Iceland to do everything in its power to revoke the contracts with Magma Energy that…
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Magma Wants to Conduct Geothermal Exploration in Area of Natural Treasure
Magma Energy – a Canadian energy company that recently announced it had acquired a 98% stake in the Icelandic power company HS Orka – would like to explore the area around Kerlingafjöll mountain for possible geothermal drilling. RÚV reports that according to…
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Government Seeking to Shorten Magma Energy’s Lease
The Icelandic government is hoping to shorten the length of time that Canadian company Magma Energy will own 98% of Iceland’s third largest power company, HS Orka. As reported, Magma Energy already owned 46% of HS Orka when it approached the Icelandic…
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Foreign Energy Concern Set to Buy Nearly All of Icelandic Energy Company
The Canadian energy company Magma Energy will soon own 98% of HS Orka, an Icelandic power company. Leftist-Green MP Ögmundur Jónasson believes the government ought to step in and prevent the sale from happening. In a nutshell, Magma Energy already owns 46%…
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Blame Canada?
One by one men in suits of varying shades of grey approached the podium in the pit of the Reykjavík City Hall. One by one they pleaded their cases while Reykjavík’s esteemed mayor—the fourth in two years—Ms. Hanna Birna Kristjánsdóttir looked on…
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Dirty Deeds Bought Dirt Cheap?
Reykjavík City Council approved the sale of 32 percent of Reykjanes-based geothermal energy plant HS Orka to Canadian-come-Swedish company Magma Energy on September 16th in front of a group of protestors, who grew more rowdy as the meeting went on. Earlier this…