| ▲ | NoLinkToMe 3 days ago | |
That's not so strange is it? With respect to Groningen: 1. zero deaths reported ever 2. quakes in Groningen maxed out at 3.6 which is considered light. By comparison NL's worst earthquake wasn't in Groningen (North) but in the south of the country unrelated to the gas, a scale of 6. Again no people died. 3. the 450 billion m3 of gas left is worth 170 billion last month ('normal'), 345 billion at today's prices, and 1.6 trillion at 2022 peak prices. 4. Field used to supply 10% of EU gas, this shifted EU/Worldwide demand to Russian gas, helping them fund the cold-war against the EU and hot-war against EU's ally Ukraine. Governments routinely put a price on a human life. The Dutch government puts a price of about 3-4m on a human life. i.e. if a policy measure costs 500m and is estimated to save 100 lives, it's deemed financially irresponsible because the 5m cost per life is more than the value set by the government. Whereas if a measure costs 100m (e.g. implementing an anti drunk-driving program) and it is estimated to save 500 lives, it's financially OK'd because the cost of 200k to prevent a death is less than the value of a life. The estimates for the Groningen gas field are completely off. Even if you take another €50 billion out of the ground, experts don't expect an earthquake to kill any people. While on the contrary, if you don't, numerous people will die from alternatives (dirty coal and in russian war). Should be move as fast as possible to renewables? Yes. But green advocates severely overestimate how fast we can do that. We have broken renewable records for 10 years in a row, yet we use about 80% of the fossil energy that we used 35 years ago. We didn't replace Groningen with renewables, we replaced it with Norwegian gas and US LNG imports, and Russia picked up the slack elsewhere because we dropped Dutch supply. So yes in the long-term renewables will make Groningen unnecessary, in the short-term we continue to use gas and keeping Groningen open longer seems to be supported by an objective analysis. Of course politics aren't just objective, they're emotional, which is why Groningen was closed, not because it was the best idea. | ||