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Cost of Kárahnjúkar Dams Skyrockets Estimates

ALCOA | Corruption | Economic | Landsvirkjun
bananarepubliclies
Greetings from the Aluminium Banana Republic

Saving Iceland
7 March 2008

Not that this should be much of a surprise but finally its official that the cost estimates of Landsvirkjun, the National Power Company, were false and that the numerous economists and even the National Planning Agency, who criticized Landsvirkjun for massaging their economic data were dead right.

ALCOA Sued for Over $1 Billion for Bribery and Fraud

ALCOA | Corruption | Economic | Rio Tinto-Alcan
ALCOA gospel
The Gospel of Corruption?

February 29th 2008

The worlds third biggest Aluminium corporation, ALCOA is being sued for at least $1 Billion by a Bahraini metals company. Alba (the 10th largest Aliminium producer in the world) claims 'massive, outrageous fraud' perpetrated by ALCOA, who bribed officials in an enormous fraudulent scam to overcharge Alba for Alumina by $65 million per year for 15 years.

The case was held in Pittsburgh federal court on the 27th February. Experts claim an out of court settlement is likely as this could be very embarrassing for ALCOA if it is taken to trial. ALCOA has an exceedingly poor track record with environmental disasters, human rights abuses and corruption and will be very keen to keep its vulnerable insides out of the public eye.

Saving Iceland Conference Declaration 2007

ALCOA | Amazon | Arms Industry | Australia | Century Aluminum | Corruption | Democracy deficit/Repression | Ecology | Economic | Greenwash | Icelandic Alloys-Elkem | India | Jamaica | Landsvirkjun | Laws/Treaties | Malaysia | Media bias | Norsk Hydro | Pollution | R & D Carbon | Rio Tinto-Alcan | Saving Iceland | South Africa | Surinam | Trinidad & Tobago

This declaration was made in consensus by dozens of people attending the first Saving Iceland conference, 'Global Consequences of Heavy Industry and Large Dams' on July 7-8, 2007. [Video report part 1 | 2]
Photo gallery of the conference.

We are gathered in Olfus, Iceland, we are people from more than fifteen different countries and five continents. We are here to share our experiences of heavy industry, dams, transnational companies and other expressions of globalisation, in Iceland, in Brazil, in South Africa, in Denmark, in Canada, in England, Germany, India, Trinidad and Tobago and many other countries.
We are not professional protestors. Unlike the well-paid corporate lobbyists and spindoctors that try to sell you heavy industry, none of us gets payed to be here. We are ordinary people, we are teachers, nurses, youth workers, students, shopworkers, fathers, mothers. We are here because we care. The Icelandic wilderness is unique. It is the largest in Europe and one of the few wild places left on this continent. It’s beauty and uniqueness and fire and ice are a heritage we must preserve and must defend. It is the heritage and responsibility and privilege of all Icelanders, and all Europeans, and all humans...

Double Death - Aluminium’s Links with Genocide

ALCOA | Arms Industry | Articles | Democracy deficit/Repression | Economic | India | Norsk Hydro | Rio Tinto-Alcan
Cost of resistance

"The evidence we present goes against the conventional history of aluminium, which tends to portray the industry as central to various countries’ economic power and prosperity, without understanding the financial manipulation and exploitation between and within countries, and the true costs."

'Power Driven' by Susan DeMuth

ALCOA | Articles | Barclays | Democracy deficit/Repression | Ecology | Economic | Impregilo | Landsvirkjun | Laws/Treaties | Pollution

'Power Driven' appeared in The Guardian Weekend in late 2003 and rocked Icelandic complacency. Still the best main stream analysis of the issues at stake and an excellent overview of the social background.

The Guardian
Saturday November 29, 2003

In Iceland, work has already begun on a colossal $1bn dam which, when it opens in 2007, will cover a highland wilderness - and all to drive one US smelter. Environmentalists are furious, but the government appears determined to push through the project, whatever the cost. Susan DeMuth investigates.

ICE BURKS!

ALCOA | Articles | Democracy deficit/Repression | Ecology | Economic | Impregilo | Landsvirkjun | Laws/Treaties | Saving Iceland

Serves as a good update of the 'Power Driven' article in the Guardian.

SchNews.org.uk
Fri 25th Feb 2005
Issue 486

Super-cool Iceland, the eco-tourist’s wet dream, right? Maybe not for much longer if the Icelandic government has its way.

'Damned Nation' by Mark Lynas

ALCOA | Articles | Democracy deficit/Repression | Ecology | Economic | Landsvirkjun | Laws/Treaties | Pollution

'Damned Nation' is very good on the spiel behind the Karahnjukar project and Alcoa.

The Ecologist
v.33, n.10, 1. Jan 2004

Costing over $1 billion, the Karahnjukar hydroelectric dam in Iceland is a hugely controversial project. Mark Lynas journeyed to the blasting face, hoping to work out for himself whether this industrial elephant is green or brilliant-white.

'Bacofoil Bandits' by Scott Clouder

ALCOA | Articles | Corruption | Ecology | Economic | Landsvirkjun | Laws/Treaties | Pollution

Ethical Consumer.org
September/October 2002

Scott Clouder profiles the company that links BacoFoil with the US treasury secretary, a Mexican sweatshop and an Icelandic wilderness.

Það er tap á Kárahnjúkavirkjun. Við græðum á því að hætta núna.

ALCOA | Íslenska | Democracy deficit/Repression | Economic | Landsvirkjun | Pollution

Sigríður Þorgeirsdóttir, heimspekingur
Þuríður Einarsdóttir, kvikmyndagerðarmaður

Æ fleirum verður ljóst hversu misráðið var að fara út í byggingu Kárahnjúkavirkjunar og myndu vilja hætta við. Samkvæmt Gallupkönnun sem Náttúruverndarsamtök Íslands létu gera í mars s.l. töldu tæp 40% landsmanna virkjunina vera mistök. Gamalt spakmæli segir að ef maður er á rangri leið þá sé aldrei of seint að snúa við. Frá sjónarhóli náttúruverndar skiptir mestu að hætt sé við áður en byrjað er að fylla uppistöðulónið sem veldur mestum náttúruspjöllum. Sjálf stíflan veldur tiltölulega litlum skemmdum miðað við allt það landflæmi sem á að fara undir vatn. En þar að auki má færa efnahagsleg rök fyrir því að það sé ávinningur af því að stöðva framkvæmdirnar núna. Hugsum þennan möguleika til enda.

Helgi Seljan - Ég bið forláts

ALCOA | Íslenska | Democracy deficit/Repression | Economic | Landsvirkjun | Pollution
alcoa number
Mig langar að segja ykkur ögn frá samviskubiti sem hefur nagað mig um nokkurra mánaða skeið. Þessum móral sem á sér ekki hliðstæðu í neinu öðru en þeirri líðan sem þeir einir þekkja sem drukkið hafa ótæpilega að kvöldi, misst minnið einhverra hluta vegna, og vaknað án þess að vita yfirleitt nokkuð um sigra eða ósigra kvöldsins áður.

Þetta nefna margir í daglegu tali “þynnku”.

Samt er þetta eitthvað svo miklu meira en höfuðverkur og ógleði, þessu fylgir skömm. Og eins og með svona óútskýrða skömm sem annað hvort dalar eða eykst þegar minnið kemur aftur, þá jókst þessi nú á dögunum.

The Grapes of Vadi - Interview with Gudmundur Armannsson host to the Saving Iceland protest camp in 2005

ALCOA | Articles | Economic | Landsvirkjun | Laws/Treaties | Pollution

Grapevine.is
August 2004 with update Jan. 2006

In the 1930s, dust storms swept the southern plains of the United States. The “Black Blizzards,” as they were called, had come about because of overfarming, which had caused the topsoil to wear thin and become dust. Crops failed, and as the banks that held the mortgages realised they would not be getting returns on their interest, farmers were run off of their land. Their plight is immortalised in the songs of Woody Guthrie and John Steinbeck’s book “The Grapes of Wrath”, which went on to become a Hollywood film starring Henry Fonda as Steinbeck´s protagonist Tom Joad.

'Kárahnjúkar Hydropower Project - Estimate of Profitability' by Thorsteinn Siglaugsson, MBA

ALCOA | Articles | Economic | Landsvirkjun | Laws/Treaties

Prepared for the Iceland Nature Conservation Association
Thorsteinn Siglaugsson MBA
Reykjavik 2002

Extract

British MPs Support Our Campaign Against the Icelandic Dams

ALCOA | Barclays | Bechtel | Democracy deficit/Repression | Ecology | Economic | Impregilo | Landsvirkjun | Laws/Treaties | Media bias | Pollution | Rio Tinto-Alcan

The Icelandic government and media tried to hush this story up by not reporting it for months! When an environmental activist was being interviewed on a chat programme on the State Radio about hypothetical questions of civil disobedience he seized the opportunity and read aloud the whole of Doughty's EDM. The programme presenter was seriously reprimanded by her bosses for allowing this.

British MP Sue Doughty has tabled a Parliamentary motion calling on the British Government to use its diplomatic links with Iceland to persuade the Icelandic Government to terminate the building of a series of dams in the Icelandic Highlands.

A Project on Thin Ice

ALCOA | Articles | Ecology | Economic | Landsvirkjun | Laws/Treaties | Pollution

International Rivers Network
1847 Berkeley Way, Berkeley, CA 94703, USA, irn@irn.org

An Analysis of the Karahnjukar Hydropower and Reydaral Aluminum Smelter Project in Iceland

Barclays and the Kárahnjúkar Project

ALCOA | Articles | Barclays | Ecology | Economic | Landsvirkjun | Laws/Treaties | Pollution

Briefing from International Rivers Network and Friends of the Earth
January 2004

The article in pdf format

EXPOSING THE EQUATOR PRINCIPLES

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