Left-Greens Fear Emission Quotas Will Be Used Up Skip to content

Left-Greens Fear Emission Quotas Will Be Used Up

The Left-Green Movement political party has urged the government to put an end to further expansion of the aluminum industry in the country. The Left-Green MPs fear that the government’s policy of heavy industry will eventually use up all of Iceland’s carbon emission quota according to the Kyoto Protocol.

When interviewed by RÚV national radio, Kolbrún Halldórsdóttir, the Left-Green’s representative on the parliamentary environmental committee, criticized the government for its ambiguous policy with the potential result of damaging the Icelandic economy.

Katrín Júlíusdóttir, an MP for the Social Democratic Alliance and the chairman of the environmental committee, disclosed that a committee had already been formed with the task of deciding how the emissions quota will be allocated. She didn’t rule out the possibility that companies will have to pay for their use of the quota.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article

Facebook
Twitter