Heavy Industry Profits Uncertain 10. ágúst 2006 11:39 ... The Icelandic energy industry needs to be more transparent according to Val Koromzay, at the Economic Department of OECD in Paris. OECD issued a new report on Iceland's economy this week. Koromzay says there is uncertainty whether selling energy to heavy industry will be profitable to the Icelandic economy, and that there is great need for a serious debate on the considerable flaws of the energy industry's framework. He says it is quite clear that the only way to export energy is to heavy industry, however nobody has any idea what that will bring back to the economy because of serious lack of transparency. Koromazay says the energy industry needs to be opened up to increase competition and transparency. At the same time heavy industry needs to be valued on a broad range in terms of costs and profits, while considering such issues as usage of natural resources, environmental effects and economic consequences. „Today the price paid for energy in Iceland is treated as classified information and therefore we do not know if the price is acceptable," says Koromazay. The OECD report also claims that new heavy industry plans should be delayed until the economy has been balanced, as reported by Fréttablaðið. News News in English Mest lesið Greindi þátt almennings og fjölmiðla í máli „strokufangans“ Innlent Sagður hafa tæmt sjóði flokksins og rekur nýja stjórn úr húsnæðinu Innlent Vonar að Rauði krossinn endurskoði afstöðu sína Innlent Handtóku ökumann eftir eftirför á Sæbraut Innlent Þúsundir syrgja í Tehran og Trump segir æðstaklerkinn ljúga Erlent Halla forseti blandar sér í götuljósaumræðuna Innlent Svifvængjaflugslys við Reynisfjall Innlent „Ég vorkenni því fólki sem lét narra sig í þessa vegferð“ Innlent Segir ásakanir kjaftæði og íhugar meiðyrðamál Innlent Mikill viðbúnaður vegna eftirfarar á Sæbraut Innlent
The Icelandic energy industry needs to be more transparent according to Val Koromzay, at the Economic Department of OECD in Paris. OECD issued a new report on Iceland's economy this week. Koromzay says there is uncertainty whether selling energy to heavy industry will be profitable to the Icelandic economy, and that there is great need for a serious debate on the considerable flaws of the energy industry's framework. He says it is quite clear that the only way to export energy is to heavy industry, however nobody has any idea what that will bring back to the economy because of serious lack of transparency. Koromazay says the energy industry needs to be opened up to increase competition and transparency. At the same time heavy industry needs to be valued on a broad range in terms of costs and profits, while considering such issues as usage of natural resources, environmental effects and economic consequences. „Today the price paid for energy in Iceland is treated as classified information and therefore we do not know if the price is acceptable," says Koromazay. The OECD report also claims that new heavy industry plans should be delayed until the economy has been balanced, as reported by Fréttablaðið.
News News in English Mest lesið Greindi þátt almennings og fjölmiðla í máli „strokufangans“ Innlent Sagður hafa tæmt sjóði flokksins og rekur nýja stjórn úr húsnæðinu Innlent Vonar að Rauði krossinn endurskoði afstöðu sína Innlent Handtóku ökumann eftir eftirför á Sæbraut Innlent Þúsundir syrgja í Tehran og Trump segir æðstaklerkinn ljúga Erlent Halla forseti blandar sér í götuljósaumræðuna Innlent Svifvængjaflugslys við Reynisfjall Innlent „Ég vorkenni því fólki sem lét narra sig í þessa vegferð“ Innlent Segir ásakanir kjaftæði og íhugar meiðyrðamál Innlent Mikill viðbúnaður vegna eftirfarar á Sæbraut Innlent