Abstract
ENERGY - With backing from Iceland's government, a consortium has been formed that seeks to take the first step toward transforming the small nation into the world's first hydrogen-based economy. Iceland, says the consortium, is the ideal testbed for determining whether countries can turn hydrogen into one of their primary sources of power. The island's hydrogen production industry already uses electrolysis to pump out about 2000 tons of the gas each year, thanks to hydroelectric and geothermal energy sources that together provide far more nonpolluting, renewable (and incredibly cheap) energy than Icelanders require.
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