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Word: gudmundur (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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Perhaps not surprisingly, in Reykjavik talk about geothermal power can sometimes take an evangelical turn. One afternoon in May, in the slick offices of Reykjavik Energy, Gudmundur Thoroddsson points out a World Bank study that lists electricity above corruption, crime and access to capital as the biggest obstacle to budding entrepreneurs in Africa. "It saddens me when I come to a place where you have a big oil-driven generator sitting on top of a geothermal field and you're paying three or four times the cost [for energy]," says Thoroddsson, the former CEO of Reykjavik Energy's investment...

Author: /time Magazine | Title: Energy: Boiling Point | 12/4/2008 | See Source »

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