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 Játa frelsisviptingu og rán en hafna manndrápi Innlent Vön því að hringja í fullorðna karlmenn á fölskum forsendum Innlent Aldrei kynnst neinum sem harkaði jafnmikið af sér Innlent „Ég er fimmtíu kíló, ég get ekki stoppað hann“ Innlent Tilgangurinn að ná í „easy money“ Innlent „Hann var hræddur, eiginlega alveg skíthræddur“ Innlent Yfirmaður heraflans er á móti hernámi og vill semja Erlent Hættir hjá borgarstjóra og aðstoðar nú ráðherra Innlent Hættir sem ritstjóri Kveiks Innlent Betra að borga tryggingarnar en að sitja uppi með allsherjartjón 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 Játa frelsisviptingu og rán en hafna manndrápi Innlent Vön því að hringja í fullorðna karlmenn á fölskum forsendum Innlent Aldrei kynnst neinum sem harkaði jafnmikið af sér Innlent „Ég er fimmtíu kíló, ég get ekki stoppað hann“ Innlent Tilgangurinn að ná í „easy money“ Innlent „Hann var hræddur, eiginlega alveg skíthræddur“ Innlent Yfirmaður heraflans er á móti hernámi og vill semja Erlent Hættir hjá borgarstjóra og aðstoðar nú ráðherra Innlent Hættir sem ritstjóri Kveiks Innlent Betra að borga tryggingarnar en að sitja uppi með allsherjartjón Innlent