Iceland Moving to Hydrogen Economy
LordSah writes "Related to the recent coverage of hydrogen, it seems that Iceland is making plans to dump oil in favor of hydrogen produced by the country's abundant supply of geothermic energy. Iceland is being used as an experiment to test out hydrogen fuel cell technology en masse. It has backing from DaimlerChrysler, Shell Oil and the European Union. Article here."
What they doing, in both this case and deCode (which I assume you're alluding to) is allowing big corporations to pour millions of dollars into the economy for something that's readily available and sustainable non-polluting natural resources.
For a nation that's built its whole economy of fish and seeing the fish stocks plummet, this can only be a Good Thing(tm).
At least they're not opening up large wildlife refuges for oil-drilling.
My spoon is too big.