Iceland is pioneering a new technology to deal with climate change. Its Hellisheidi geothermal power plant, the world’s largest, hosts arguably the world’s most advanced program to capture and lock away globe-warming carbon dioxide.
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Iceland has a complicated relationship with climate change. As in much of the far north, global warming is already exerting many effects here–arguably both good and bad. Yet the country contributes relatively little to the warming, since most of its energy comes from geothermal and hydro plants, which produce little carbon dioxide. Now, it is on the scientific cutting edge of the issue.
Increasing understanding of the extent of coastal erosion and its interaction with other naturally existing geographical features such as mangrove vegetation is one of the areas of research that may help reduce vulnerability of small-island developing states to climate hazards.
Deutsche Bank launched the first real-time carbon counter Thursday morning, taking advantage of the unusually rainy weather to underscore the importance of communicating climate change awareness. Located across 33rd street from Penn Station and Madison Square Garden, the Carbon Counter displays the running total of long-lived greenhouse gases in the atmosphere. Deutsche Bank Asset Management… read more