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Business Briefing: Netherlands Regrets Ignoring Earthquakes at Natgas Field

2015-03-03 02:35:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The Dutch government apologized on Monday for ignoring the risks posed by earthquakes caused by production of natural gas in the northern province of Groningen. The apology follows an official report that found the government, together with Royal Dutch Shell and Exxon Mobil, had put profits before safety in exploiting the Groningen gas field, Europes largest. Last month, the government ordered production at the Groningen field to be cut by 16 percent for the first half of 2015. The government is...

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