Netherlands » CuttNews
CuttNews is the Most Complete Netherlands News Shortening Application at the Moment
Direct to the Point Information
» Download App «
Netherlands Faces Consequences as Shell's Earthquake-Inducing Gas Field Shuts Down
The closure of Shell's Groningen gas field, which caused earthquakes for years, is affecting the productivity of the Netherlands.
0
CuttNews -
2024-10-17
The Netherlands is facing the aftermath of shutting down Shell's Groningen gas field, a decision made due to the seismic activity and damage caused by the extraction process. This move, necessary to ensure people's safety, has now impacted the country's productivity. According to the CBS, Dutch productivity has fallen from fifth to tenth place in the OECD rankings.
The closure of the Groningen gas field between 2013 and 2019 resulted in a 0.3% decline in the Netherlands' growth. This decline reflects the cost of prioritizing safety over profits. Despite extensive environmental damage caused b ... clique aqui para ler mais.
