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Iceland: Geysers For Sale

05:54

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Ksenia SkriptchenkoApril 19, 2011

Regenerative energies have never been more in demand. Geothermal energy is being hailed as one of the most promising energy sources of the future - readily available and emission-free. It's already being used in many countries.

Iceland is pioneering use of geothermal energy - not least due to its special geological location and the high concentration of volcanoes and geysers. Geothermal heat is one of Iceland's greatest natural resources, and outside interest is inevitable. The Canadian company Magma Energy is the first foreign business to buy stakes in Icelandic geothermal companies - locals are up in arms and protesting loudly.

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