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![]() Reykjavik (AFP) March 05, 2014 An Icelandic environmental group poured cold water over the Arctic nation's dreams of becoming an oil-producer Wednesday, following the approval of a Chinese-led exploration bid off the country's north coast. "Iceland should not bet on oil at a time when it is doubtful that humanity can reach its (greenhouse gas) goals," Arni Finnsson, chairman of Iceland Nature Conservation Association, told AFP. "There are few indications that production of oil in the Dreki Area will be cost-efficient," he ad ... read more ![]() |
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