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Iceland positioning itself as leading exporter of renewables

The tiny North Atlantic nation is pinning its hopes on becoming the vanguard of Europe's clean energy push

Iceland is trying to position itself as the leading exporter of renewable energy to the world. Speaking at an event in London in early November, the country's president Ólafur Ragnar Grímsson, said developing Iceland's geothermal and hydropower resources boosted its economy and slashed carbon dioxide (CO2) emissions. Iceland now wants to export its clean energy model to Europe, the US and China. "The Arctic and northern regions are not just territories of oil and gas. They are the clean energy future of Europe," Grímsson said. "We have a moral obligation, due to the threat of climate change, to share our experience. The big question for all of us is how we can make that happen together." G

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