Preparations are underway for a new onshore CO2 mineral storage facility in Iceland. The terminal will receive carbon dioxide transported from Northern Europe by ship, and the CO2 will then be injected into the bedrock.

Since the Soviet collapse in 1991, the rural population has been exploring new economic opportunities. Tourism is one of them.

On paper, he is a shipowner and chairs the Tschudi Group. In person, he is an engaged citizen and corporate executive with his heart in the High North. Now, Felix Tschudi is also a true High North Hero and announced during his acceptance speech that he will donate the award money of NOK 50,000 (appr. USD 6,000).

"We can observe a very strong business growth. At the same time, we do not see any response in the Arctic societies when it comes to growth in the number of people", said Erlend Bullvåg.