Why the Netherlands Refuses to Get Stupid Rich

[@HindsightYT]

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[@Charless_Martel]

lazer op

[@34outdoor]

Dat zijn geen Dollars., maar Euro's, die zijn ietsje duurder op de valutamarkt..

[@badpakje]

get a job...

[@hg2.]

Can't they "remediate"? Can't they pump water back into the gas holes to support the ground minimize the earthquakes?

[@basillah7650]

Clickbait title they are not making money off it if it causes earth quakes that destroys and kills them. they are taking gas from under ground right next to where the people live removing it causes the earth quakes.

[@DenDave_]

Something that wasn't mentioned, but in my opinion is very much relevant, is that these earthquakes happen at around ~3 kilometers below the surface. In comparison, most ''natural'' earthquakes in the shallow category occur at 10 kilometers deep. So while a magnitude of 3.6 may not seem that bad, the proximity to the surface means more and stronger vibrations carry to the surface resulting in more damages to buildings. And thats in a country that normally doesn't even get real earthquakes in the first place. So yea, from a outsider perspective it might seem weak, but theres a lot more to it than just the magnitude.

[@HindsightYT]

I never came across that information but it makes a lot of sense. That would’ve been great to include in the video. Thanks for sharing!

[@DenDave_]

@@HindsightYT No problem! I can see how it's probably an obscure bit of information. I didnt mean it as criticism to your video by the way, but more as a response to some comments i've seen noting how a 3.6 magnitude isnt that strong. I loved your video, it was very insightful, just felt my comment could add another viewpoint 🙂

[@Mattleigeber]

Fair point; didn’t think of this. I also thought this didn’t sound that bad but I’m from CA

[@TD-er]

@@HindsightYT Yep, typical earthquakes all over the world happen at 10s of km depth and attenuate to the 3rd power per distance travelled (like an expanding sphere). Here (yes I live on top of this gasfield in a rebuilt house) the force of the quakes attenuate like throwing a pebble in water, like a circle. So only to the power of 2 per distance travelled. Also the top soil is clay, which doesn't absorb a lot of the energy. This wave front then literally causes travelling ripples in the fields and thus houses will break in pieces when this wave hits them in the worst direction. Just imagine your house like the wrapper of a match box. The front and back of the house do not add structural strength to the house, so if this wave hits your house from the worst possible direction, the walls in the front and back will just shatter and if strong enough the floors will collapse on top of eachother. I have seen this happening with our houses in our street in the simulations. (and also the cracks in the floors and walls in which you put a pen through) While knowing what those quakes might do to your house, we still had to live in those houses for over 3 years until we could move to the temporary houses while only 30 houses in our street would get demolished and rebuilt. Had to live in those temporary houses for 28 months. All-in-all the entire process took over 10 years.

[@2857steve]

I would say it's still really not much of an earthquake but the problem is they're not building for earthquakes. A lot of old buildings that were never built to a code to withstand earthquakes. So yeah I guess it's a decision you have to make do they want to rebuild every freaking house they have or find some other way to produce energy and money.

[@Shirolicious]

The biggest problem imho is that the gas company/dutch government didn't just help the residences to fix their houses. Just hear what your saying yourself. BILLIONS of revenue. But this is where the greed unfortunately comes in. Now the result is that these fields will be closed off. The money gained from those things could have been used to do much good things. The government should have always kept control of the resources and never let a company take it over. And use the money to compensate the residence there while at the same time doing lots of good things for the benefit of the entire country.

[@airconditionedrelco7099]

yeah i was also about to comment this aswell

[@dineke346]

Very well said!

[@tekk9995]

You can't compensate fear..

[@yt.damian]

the majority of the revenue DID go to the people. It went to their government.

[@JohnGeorgeBauerBuis]

@@yt.damian yes, however the homeowners were not compensated for damages. Oops.

[@gingerkilkus]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in Netherland.

[@AlfredWilliams-ki6ri]

Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.

[@CharlesArthur-fq5sx]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $150k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

[@williamDonaldson432]

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up $450k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

[@foreverlaura-fq4eu]

@@williamDonaldson432 Could you kindly elaborate on the advisor's background and qualifications?

[@williamDonaldson432]

I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

[@slapperorange]

I’m from Groningen, and I honestly felt kinda hurt how you sounded almost indifferent talking about the wellbeing of people here, and completely ignored the gaslighting of Groningers by the government and the NAM. Also you’re talking about the wellbeing in past tense as though this has all been resolved, far from it. Since 1986 we have earthquakes, but the government kept saying that we were imagining things cause gas extraction cannot lead to earthquakes. In 1991 the KNMI concluded that the gas extraction did indeed lead to earthquakes. Nevertheless, the NAM only publically acknowledged that in 2012, and until then any claim was automatically refuted. From 2012 onwards filing claims was possible, however the burden of proof was on the citizens instead of on the NAM, and the investigation of people’s houses was performed by the NAM instead of an independent party. The NAM had instructed its employees to not acknowledge any damage, otherwise they’d get in trouble (p.80 in postmes et al 2018). This wasn’t a one time occurrence, it was at every single step along the way. People weren’t just stressed about whether their house would collapse on top of them, but also having to juggle the 7th house inspection with their full-time job and still hearing that it was all just in their heads. On top of all that, the earthquakes could’ve been easily prevented if the NAM would’ve injected nitrogen into the ground as they extracted the gas. This cost has been estimated to €6-10 billion, but was deemed to expensive by the NAM. Mind you, since 1969 the company has made €64.7 billion with a total cost of €27.8 billion. Half of the costs were made in the past ten years where the NAM had to pay back damage claims, which they could’ve also invested in the nitrogen injections. All in all, it’s no surprise that the parlementaire enquete “Groningers boven gas” concluded that the inhabitants suffered disproportionately. Heck, the Norwegian petroleum museum cites the Netherlands as an example of how not to do it. If the government (and the NAM) would have been more reasonable towards the Groningers, I have no doubt we wouldn’t find it a problem to continue extracting the gas. But alas, that still is not the reality, so therefore I think it is for the better that we have stopped gas extraction. The way you talked about the Groningers in this video resonated to me with the attitude of Dutch people outside of Groningen: a far from my bed show, and the people from Groningen should just suck it up so that the nation can profit from the gas earnings. I hope that your patreons can get these kinks out for you in future videos.

[@thefelonattorney]

Thank you for telling us the rest of the story.

[@Choco-pasta]

Dat laatste zeker niet. Heel Nederland staat achter jullie en vindt dat jullie gecompenseerd moeten worden. Schande dat de NAM of de overheid dat zo moeizaam doet.

[@hg2.]

Can't they "remediate"? Can't they pump water back into the gas holes to support the ground minimize the earthquakes?

[@MyDemon32]

​@@hg2.So you wanna make a swamp out of it?

The fact he made the video shows he cares. "Kinda hurt" is a stupid respose. The rest of the comment was good though.

[@BeesKneesBenjamin]

I have a friend who lived through a couple earthquakes in that region where his parents eventually lost their house as it became too unstable to restore. It's absolutely criminal how our government has dealt with these people. Leaving them in lines in the middle of the winter to appeal for damages, refusing to give money to help them in the risk of giving money to a couple bad apples whose damage to their houses isn't directly earthquake related... These people should get a chunk of the profits so they can live a proper life without risking losing their houses. If our politicians refuse to provide them a good sum of money for compensation, I am very glad they closed the field off for now completely. I don't care about the profits, I don't need my taxes lowered at the cost of the unnecessary stress put on the people at the other end of the country whilst they're already going through a crap time with companies and hospitals shutting down and an increasingly bad labour market to begin with. It shows how disconnected politics in this country and how poorly some regions are represented. Over half the politicians are from Holland, I doubt for many of them to have ever really set foot in the other 10 provinces of the country. I'm tired financing the capital, I hope some money flows towards the north, east and south as well for once

[@FreedomofspeechSensor-zu8ip]

They need that money to fund the welfare of migrants! How dare these people think that citizens of a nation should come before a migrant!!

[@randar1969]

It's all perspective and everyone looks after their own sitution while you blame holland and the capital Amsterdam, me actually living in Amsterdam think ... While you have cracks in walls due to small earthquakes we had an airplane going straight through a flat killing hundreds of people. Is that fair then, wanna trade? That we have over a thousand airplanes flying above our homes every day. I take the risk of non lethal damage to my home everyday over the noise and risk of actually dying. Do you want to swap? My small 42m2 home in Amsterdam vs your's in Groningen? I do expect to hear silence but surprise me.

[@williamgeardener2509]

@@randar1969 You wouldn't take the damage to your house when you knew that it was only a matter of time before your €300 000 house would be a worthless rubble of broken glas and bricks. Your Bijlmer disaster affected just a tiny portion of Amsterdam en is likely to happen every 500 years, while houses in Groningen still have increasing damage every day.

[@Summer-tv7rz]

@@randar1969 Wat een totaal irrelevant lulverhaal!

[@raybzht]

Juist goed gesproken

[@shad0wpk02]

I will never understand why the people that had issues with damage to their houses were never compensated for repairs. Living through frequent earthquakes, if not dangerous levels, is perfectly fine, if not a bit uncomfortable. But living in a house that can collapse on you any time is something else. They had billions of revenue didn't they?

[@Gideon-yf5rd]

This is typical of the Dutch government, they just endlessly debate and postphone the issue, leaving the problems with the victims in the meantime. The same thing is happening with the "toeslagen affaire" where single low income mothers where falsely accused of fraud, and to a lesser extend the "pech generatie", a generation of students that where unfortunate enough that changes in the law made them obligated to pay back tens of thousands in student debt

[@valyshknee4203]

you people dont really understand you cant just kick people out of sometimes generational homes because farms are being ruined by it too, and give them a new home in a city, some people would rather stay and the news has very clearly proved that dude, people complaining their beloved houses are cracking and being destroyed, besides we do not need the gas to be rich, dont forget our gigantic super sufficient marvelous argicultural industry still exists and the literal fact we have oil in curacao.

[@moogie3470]

I'm not familiar with Dutch politics, but I think politicians don't want to becase giving compensation would be admitting that the Dutch state is responsible.

[@Temms]

Are you not from the netherlands? I lived in Groningen and my parents got a lot of money to restore their house, my sister did as well. Literally you only need to have some cracks in your house and they will come inspect it and most of the time refund you for the damages. They aren't even that strict.

[@Jeweetzelef12]

​@@Temms juu klopt kreeg zelf 30 duizend euro. Mensen komen met te snelle conclusies helaas

[@TheDerpyDeed]

Ah, that familiar accent, wonderful - I can hear the smile, too! Loving the production value too~

[@latro8192]

Yes, curious. What part of the Netherlands can't pronounce the 'S' properly?

[@woodennecktie]

this guy is a disgrace , talking shit

[@mernisch8307]

Sounds like Paul Davids 😆

[@mernisch8307]

@@latro8192the S in Dutch sounds a bit like a "sh" sound. But most Dutch speakers are unaware of this, and think our S and the English S are the same. So when they try to speak English they don't adjust their pronunciation

[@DamonBMW]

@@mernisch8307 Yup that's exactly what's causing the accent lol. Barely anyone realizes it. Our English pronounciation is great apart from the S that sounds like a flute when recording. Gets real annoying when you start paying attention to it.

[@KraKra-Ah]

Yes, the people who live there, The Groningers, didn't really profit from it but do get the downsides of earthquakes. I live in the city and have cracks in the walls. But you could make the Groningers stupid rich and then make the rest of The Netherlands profit from it as well... I am down for that. This option is not investigated...

[@borchen0]

Except....the gas found in the ground belongs to the state and not to the people of Groningen as stated in the "Mijnbouwwet". And what did/do the people in Groningen use to warm their houses? I assume gas... Many also cook their food using gas.

[@frontrowviews]

Stupid rich at the expense of an entire province + a lot of pollution. The cons outweigh the pros here in my opinion

[@hg2.]

Can't they "remediate"? Can't they pump water back into the gas holes to support the ground minimize the earthquakes?

[@valyshknee4203]

the cons outweight the benefits dude, i dont think you understand either that the gas isnt going to make groningen rich, its owned by the state, not by the provincial government, also, we literally dont even need the gas, we still got an oil industry in curacao and a gigantic marvelous hyper advanced hyper efficient argicultural industry, and i think you rather have a house and have the same amount of money as you always do rather than have no house but be mildly better off with cash even though thats likely never gonna happen either way since the government will likely use the money on other projects, like land reclaimation they have wanted to do for a very long time now above flevoland, highway infrastructure improvements because they are getting too overcrowded, and best of all, getting us out of a stagnation

[@InservioLetum]

Because rich is not a virtue, it is the marker of GREED.

[@hungrymusicwolf]

This was a beautiful summary of this long lasting issue. Some things even I didn't know even though I live in the Netherlands.

[@senianns9522]

Perhaps they could replace the gas with something else? Something to fill the voids? * Water injection?

[@dutchskyrimgamer.youtube2748]

​@@senianns9522They try to put CO2 in the ground. But even with that it didn't work well enough. Also, unlike our neighbours, we don't see gas as a solution to climate change.

[@bastian775]

Sappemeer used to be Hoogezand-Sappemeer and within the NAM some would say they would go to "High Sand Sappy lake" which is a not-that-good translation of Hoogezand-Sappemeer. You forgot to note that they "forgot" to invest in the electricity network as an additional reason we can't easily transition to electricity. I'm still happy my parents decided to leave Delfzijl in time in 1994/1995. back then we already had earthquakes. I still do have some family there. In Groningen we did not see a lot of the funds.

[@Naturenerd1000]

So the earth sinks from extracting natural gas causing dozens or hundreds of earth quakes each year. Not a good idea to live on a natural gas field. Like the city is floating on gas. Crazy phonomina.

[@MeriaDuck]

It was a bit unexpected. 3.6 isn't really strong for an earthquake, but they are particularly shallow which increases the impact on homes. The earthquakes will continue for a while after stopping. And not paying owners quickly and generously has led to lots of understandable mistrust of the government.

[@thebackyard7661]

to be completely fair, the city was there centuries before the discovery of the gasfield

[@LabMonkey-k2j]

all people in Groningen can be EASILY compensated and their houses adjusted. We even sell our remaining gas to other countries and IMPORT more expensive gas, seriously moronic

[@aarbeienmelk]

they can make the houses earth quake proof, but my government is too stupid to just do that. theres even many Groningers that approve of that

[@fireshadowdark5462]

Where else are they supposed to live? The netherlands is quite densely populated as it is.

[@EdLeslie-h4w]

I'm a Brit living in Austria. But I have traveled to Holland many times and especially when I lived in the UK. Saturday morning a cup of coffee outside a coffee shop in Haarlem on Market Day takes some beating. Enjoying your page.

[@blodekont5458]

Exxon and Shell still refuse to compensate.. many houses still cracked, and Exxon/Shell send their lawyers to the civilians who can't pay these big laweyrs to defend them...State makes commissions, but they only fill their own pockets, hardly anything is done for the people IN the earthquacke region. Yet money is thrown to places who by accident where allowed to get compensation, eventhough no quakes where damaging in these places, these people just go without experts compensation money.. while in Delfzijl where I live, people are time and time again turned down.. "quacademics telling the cracks in the walls are frost damage...

[@Grimlock1979]

Yup. They dug their own grave by maximizing short-term profit and lying to people. If they had involved the locals from the start and listened to the real experts, there wouldn't have been such a big problem. We could still be getting that gas out of the ground. The damage to houses would have been less and could have been fixed. Now, we are left with nothing.

[@douwejan]

Academics also just told the goverment that the compensation sceme is wrong amd unfair. And the goverment ignored it.

[@Tallgeese556]

Where was Groning and the rest of The Netherlands when Limburgs was sinking into the ground?

[@fighters9881]

@@Tallgeese556 When did it do so?

[@FreedomofspeechSensor-zu8ip]

Why should they compensate? It wasnt their fault! The government put this undeveloped gas field up for auction Exxon and Shell won the bid to develop the field! They brought their oil and gas extraction knowledge in and did exactly that and sold people the gas to heat their homes...

[@Sev826]

I'm astounded that I knew nothing of the Groningen gas field. Amazing video!

[@hg2.]

Can't they "remediate"? Can't they pump water back into the gas holes to support the ground minimize the earthquakes?

[@Truthtellerhere666]

Me neither. They keep it as a secret.

[@mradventurer8104]

Majority of gas income went to the state which used it for social welfare programs and general budget. The province (Groningen) did not see a lot of that money. Also the money was not used much to compensate people who suffered losses hence people there got fed up with the small earthquakes. In Norway, they had more oil and gas but they used it to put into a state fund which is now worth trillions of dollars.

[@MichealVt]

gotta love our dutch communist government aye

[@bavelnaard]

I live in this area somewhat just outside the disaster zone, in the eastern and poorest part of the province which is sometimes even called the Eastern Block. Here the groundlevels are dropping rapidly as well, not just because of gas extraction but also and mostly because of mining that huge amount of salt beneath this particular area. People do try their best to make something out of their lives, but beneath the surface (in a literal sense and as figure of speech) it's not a happy place at all to be if one opens their eyes. Just like with the gas exploits the government decided to sort of semi-privatize the mining of salt here using shell companies for Shell and the NAM and thus the government, but it's not very well known to the public.

[@stephanHK]

they did't keep the field under pressure all does years resulting in earth quakes, if we extract and keep the the field under pressure there should not be a problem. Off course compensate does how suffer

[@JohnGeorgeBauerBuis]

I was thinking along similar lines, too. If they pumped dense gas into the field, they would be able to maintain the pressure while facilitating the extraction of methane.

[@9bitsovertake]

@@JohnGeorgeBauerBuisI suffered through reading what you throw up here using your keyboard and I am nauseous now.

[@JohnGeorgeBauerBuis]

@@9bitsovertake rude!

[@9bitsovertake]

@@JohnGeorgeBauerBuis so ree brodher, those nut harpoon a gain.

[@alexgilliam5144]

Yeah i wondered about that. I dont know what would exactly work to essentially replace the pumped gas while also not interfering with the extraction process. If sea water would work then it would be easy but i i have a feeling it wouldnt be that simple at all

[@kaasmeester5903]

One thing to note: for decades, the Netherlands has given much that gas away to Italy, more or less for free. They got it at cost, basically. 2 things happened. The first is that the prime minister at the time (in the 60s) had the idea that in 30 years, all energy would come from nuclear power. He wanted to produce all of the gas quickly and cash out while the getting was still good. Then, Italy made plans to start buying natural gas from Russia. There were cold-war fears about a NATO partner becoming too dependent on Russia, so a deal (super secret at the time) was struck, and we would give our gas to Italy instead. A factor in that decision might have been that our foreign minister was in line to become secretary general to NATO, and hoped to secure his appointment with this deal. In terms of money, it is estimated that this little present to Italy has cost the Dutch taxpayer well north of €100 billion over the years.

[@Truthtellerhere666]

Italy should pay it back

[@Halli50]

To a layman like me, it seems the Dutch ran smack into "new" economic pitfall, now called "the Dutch Disease" - something the Norwegians learned from and managed to avoid many years later. To top it off, the Netherlands had been a geologically stable country, and houses were NOT built to withstand geological deformation, hence the disproportional damage to ordinary houses. I live in Iceland, a famously unstable country in geologic terms, and our reinforced-concrete houses generally breeze through modest geological subsidences like in Gröningen. My last observation: What if the Dutch had replaced the volume of the compressed gas that was extracted by pumping down something they have in abundance like, say, seawater?

[@RealConstructor]

They did many studies into that and the best solution was pumping CO2-gas into the field. But it was more expensive than pumping gas out back then. So it was dismissed immediately. Because the gas price is now three times higher, it is possible, but no one knows what the results will be now, if it is pumped into the field. In hindsight they should have done it from the start, despite the costs.

[@lucasoosterveld607]

Its not all about the building quality. More about the fact these earthquakes happen not that deep in comparison to natural earthquakes.

[@hg2.]

Can't they "remediate"? Can't they pump water back into the gas holes to support the ground minimize the earthquakes?

[@lucasoosterveld607]

@@hg2. Unfortunately it doesn't work like that. Pumping in water would just make matters worse.

[@Halli50]

@@lucasoosterveld607 I am not denigrating Dutch building standards, Dutch houses are likely built to perfectly appropriate standards for the Netherlands. When something like the Gröningen earthquakes and geological deformations happened, it will all have been well outside normal Dutch experience...

[@MeriaDuck]

The mutually exclusiveness of gas extraction and living has certainly put a spanner in the works.

[@bestuurdvsgroningen3603]

I live in Groningen and I find this video quite accurate. Only thing is that the gas field is definitively closed since april. They poured concrete in it.

[@shishagoat3890]

Zo dom besef Nederland kon gewoon betaalbare gas prijzen hebben maar hebben alles kapot gemaakt

[@JohnSchuetz-js7lk]

Good on you to showing the script and re analysing

[@schutsheer_des_vaderlands]

The Netherlands doesn't refuse this, some of our politicians do.

[@Mental_Illboy]

Precies!

[@AlJay0032]

Socialists like the maker of this video always blame capitalism when in fact is the government doing the harm to the citizens.

[@dumpling1263]

En terecht

[@CITYGROUPTV]

No the people of Groningen do!

[@Mental_Illboy]

@@CITYGROUPTV FVD ❤️

[@elpepe9451]

You just know this guy is Dutch, his accent just gives it away

[@mjnyc8655]

I suppose injection of seawater onto the sandstone to abate subsidence has drawbacks.

[@DanielSilva-jj2lz]

yes, the salt water will seal the pores where the gas is housed and the gas field will be destroyed

[@TheBooban]

That was my first thought. But they have plenty of rivers and freshwater to use too. Or another gas that is heavier. But really, how could the “experts” not see this coming? Reminds me of fracking. Just greedy.

[@FreedomofspeechSensor-zu8ip]

Lol how is fracking greedy?! You're simply injecting 99.9999999999% water and sand into the shale to hold the rock open so the oil and gas can flow into the well bore. Its the Same thing they have been doing to stimulate tight oil and gas wells since the 1950's!

[@JohnGeorgeBauerBuis]

@@TheBoobanI heard something about fracking (hydraulic fracturing) being briefly used in European gas fields until earthquakes led to a ban. I’m sure that something could have been figured out if time was spent on testing and research in a remote area.

[@hg2.]

Can't they "remediate"? Can't they pump water back into the gas holes to support the ground minimize the earthquakes?

[@kiwiopklompen]

Ooo just found your channel - love it! Thanks for this - i love the macro historical that goes to the present. I will check out your Patreon!

[@milehigh34200]

Most of my family lives in Coevorden, I was born there, I used to be a rig mechanic in the gas fields there. Now I live in the US. Nice to hear about where I used to live.

[@barhat961]

How is America?

[@AlfaWAR]

About the last part - the transition of gas to electric, I'd like to add that for heating, yeah.. that is too difficult and expensive to do today. But for cooking, as of 2020, 40% of the Netherlands uses electricity to cook, 27.5% has solar panels and those numbers are rising quickly, in new kitchens it's the norm to cook on electricity, no longer on gas.

[@johnfrancis4401]

The earthquakes are insignificant. But the damage to buildings caused by subsidence is dreadful. The cost of repairing buildings will be massive. The Dutch are renowned for their ability to drain land, to build sea defences, their horticulture and productive farming …..so I know they can fix the problem no matter how expensive - if they choose to do so. Good luck.

[@Vizzit707]

The earthquakes aren't insignificant. Even though they rank low on the Richter scale, they take place much closer to the surface than the avarage ones we think of, so they are more dangerous.

[@johnfrancis4401]

@@Vizzit707 Do they cause deaths? No. So they’re not dangerous. But they are expensive to repair.

[@Vizzit707]

@@johnfrancis4401 How could anything that damages hundreds of thousands of houses not be considered dangerous? Imagine your roof collapsed ontop of you as a result of the earthquakes, or, say, your floor breaks and you stumble, breaking your leg. Countless accidents could accur as a result of earthquake damages, even if not right at the moment of the earthquake.

[@johnfrancis4401]

@@Vizzit707 The damage caused by one tiny earthquake will be small. It will not be enough to cause the house to collapse.

[@Vizzit707]

@@johnfrancis4401 Fair, but what if they are frequent? The video mentions just how often they would take place. So, just like the story goes, drops of water dripping on a rock, given enough time, will shatter it.

[@petehoney1]

Great video .. and as u mentioned identifying and knowing your biases will make you a great video producer 👍 and for this reason i will follow u 👏👏👏

[@danycashking]

using part of the profits to 1) compensate and restore all damaged buildings, 2) set regional building codes requiring earthquake-proofing of new buildings and retrofitting older ones, would solve the problems and allow for further extraction, Chile and Japan have adapted their construction style and life to earthquakes which are generally stronger so this should be feasible, it seems that only extremes are explored, either doing nothing or shutting the field down, whereas a middleground approach should be possible with how profitable the field is.

[@TheCherrybuster]

You’re right. If gas prices keep being high, the investments in R&D will flow and one day they’ll come up with something

[@dinty66]

I am just back from a visit to the Netherlands & had an enjoyable stay in Zandvoort en Zee & i must say it was enjoyable & an experience !!

[@TinusTegenlicht]

The Dutch wasted billions upon billions. In the 80's if you were laid off as a postman, you didn't have to look for another kind of job. Same when someone worked in, lets say a greenhouse with paprika's and became allergic for the plants, he was deemed 'afgekeurd' (medically unable to work). I had a collegue who knew this and faked an allergic reaction, so he was 'afgekeurd' and did not have to work again, while he was a healthy 24 year old bloke. He could work as a postman, bus driver, any job you can imagine. But bcs he could not work in his original profession, he didn't have to accept any other job. Many people abused the system and this costed tens of billions of euros. That is how dumb Dutch policies were! It has become better, but still there is a lot of these weird rules left. The Dutch governments often did not look ahead and let their emotions get in the way of reason and logic. Our last government with prime-minister Rutte has crippled our country and has caused crisis upon crisis! Our country is so much worse off than when he took office. So many people were crushed by his government, it is insane. I don't know how he can sleep at night, but he doesn't care. And it puzzles me how he can be a candidate as NATO leader, while he messed up so much overhere.

[@Truthtellerhere666]

This is called the corruption.

[@TinusTegenlicht]

@@Truthtellerhere666 It is indeed and mismanagement also.

[@Tuatara1989]

I would contend that this is not typical to the Dutch welfare state, and it's not because we had particularly corrupt or inefficient people in charge. This waste of resources (in this case labor) is simply an inherent tendency of government, because the politicians and bureaucrats aren't wasting their own money, but taxpayer money. People generally don't take good care of things that aren't theirs.

[@stageiiwappie950]

Ik heb ook een uitkering

[@TinusTegenlicht]

@@stageiiwappie950 Er is niets mis met mensen met een uitkering, maar wel met mensen die er misbruik van maken. Ik heb diverse buren (Syrië) die gezond zijn, maar die niet willen werken. Zeggen ze zelf, want ik had aangeboden om hen te helpen zoeken naar werk. Ze zeiden gewoon 'waarom ik zou ik werken, daar heb ik helemaal geen zin in'. Als iemand zijn baan verliest of ziek wordt of met pensioen gaat, daar zijn uitkeringen voor bedoeld. Niet voor iemand van 30 jaar die niet wilt werken.

[@zeroxavion]

As someone living in the province. It's still crazy we have polititions that essentially went 'so what if your house collapsed or drops down 20cm, money baby!' As if we see any of the money 💀

[@RuiseMuis]

Als ze de Groningers eerder geld hadden gegeven voor reparaties en daarnaast al veel eerder aardbeving proof hadden gaan bouwen, dan had dit drama misschien heel anders gelopen en hadden we nog steeds gas kunnen oppompen. Nu kost het nog meer door het gas in de grond te laten zitten

[@steffen6987]

Why are you writing in gibberish? 😂

[@Rvb_25]

​@@steffen6987super grappig man

[@tommske]

thanks captain hindsight!

[@TheLolism]

Incredible channel and video. Keep up the good work!

[@Quad-Cube]

Hey, I lived in Groningen for 7 years and I worked in Delfzijl for 5. Although we pumped too much gas out of the ground and still need to fix most of the damages to ourselves, there are some hopeful projects on the way. So I would like to add to this video to end on a few (slightly) positive notes; - Machines have been developed to extract Co2 out of the air, this Co2 can be used for a large array of implications, like a substitute for gas or environmentally clean chemicals. However, these machines are very huge (like a building-sized washing machine, that have huge propellors as mid-sections). Sadly, the output of Co2 is like 1/100.000 (maybe even more) of what it's actually needed to make it profitable enough to go through with mass-scale production. Needless to say, we need very clever people to think about how to do this more efficient. - First (very local) parts of an eventual hydrogen network have been placed throughout several provinces of the Netherlands, Groningen one of them. Hydrogen would be a great substitute for most examples of gas usage and is a very efficient gas as well. However, this comes with very great challenges. How do we make this safe? Will the output be enough to be able to maintain? You may recall people from somewhere invented the hydrogen bomb... I reckon you can piece together how bad it could be when anything might go wrong. And isn't there something better we perhaps haven't thought of yet? Only time will tell how the Dutch will sustain, same way as every other country in the world.

[@JohnGeorgeBauerBuis]

A small bit of good news is that the hydrogen bomb has very little to do with hydrogen gas for transportation or heating purposes, although in both cases it floats up and away rather than collecting in underfloor inspection pits.

[@SeorkMaxx]

Did you know we already have excellent CO2 extractors, they also produce oxygen as a by product…. It is called trees which we are pulling down to put up more polluters, windmills…….

[@Quad-Cube]

​@@SeorkMaxxYeah but tree's can't make usable gas

[@mapi5032]

@@Quad-Cube Oxygen is quite unusable. Yes.

[@Quad-Cube]

@@mapi5032 We are talking about economic applications like warming your house right? Not about our human usage of air. In that department I think we need more trees for more oxygen and cleaner air, definitely.

[@Christiaan357]

Even now, after stopping the extraction almost completely, the earthquakes will continue. The simplest solution would be to fill the field with CO2 while extracting the gas and give a significant part of the money they back to the people from Groningen. The money the Gouvernement would make could be invested and spent wisely in order to avoid Dutch disease and we’d all be happy. So, the real reason why they stopped is still a mystery to me.

[@Rodejong]

As the quakes are shallow, the damages are m9re extensive. The ground above is clay and sand and has no real structure like rock does. So the quakes causes the earth to sink, but not as large regions, but small sized pieces. Some houses have half the house sinking, which is what causes the damages. The cracks leave houses open to the elements, which causes high energy bills, repair bills, and devaluation. Also, the houses mostly in the villages and country side, are monuments of hundreds of years old. The fact is also, that families have either been put through a hell to get heard, or fled the region/country all together. It's easy to look at "3.6" but there is way more behind that. It's a great video. Well done.

[@DRakeTRofKBam]

One commenter also mentioned that the proximity of the 3.6 is 3kms meanwhile usual earthquakes are 10kms underground.

[@hg2.]

Can't they "remediate"? Can't they pump water back into the gas holes to support the ground minimize the earthquakes?

[@RobertBooker-xi8cc]

Very interesting. I'd never heard anything about this. Sorry to hear that so many people were not compensated for the loss of or damage to their homes. The alternative to closing the gasfield would probably have been evacuating the whole area, which would also have been a traumatic experience for the people, especially after all the damage caused by the earthquakes. Very well and clearly explained situation. Thanks. By the way: at 4:56 the word is "strengthened", not "strenghtened".

[@keesvandenbroek331]

A good and to the point analysis. And as a dutchman I fully support the decision to close “Groningen”. And anyhow, we have to get rid of fossil fuels as soon as possible to prevent further damaging our climate

[@grietjehuggan]

Also get rid of the dollar that will also help with the climate ...... Peace climate that is at an all time low. Peace, Neutrality and Prosperity, s a p.

[@keesvandenbroek331]

@@grietjehuggan Totally agree. Can you convince Putin to stop this war?

[@TheOrignalTRockz]

This video made me respect the Netherlands and its people more than anything else before. Great country.

[@elwoodblues452]

One million people live in poverty in the Netherlands. That is never mentioned anywhere.

[@udishomer5852]

Poverty is relative. Being poor in the Netherlands is very different than being poor in Mali, Yemen or the Philippines.

[@EGO0808]

@@udishomer5852 Let me guess, you're doing fine?

[@srikanthbabu4440]

​@@udishomer5852 cost of living is relative. Even with the salary in netherlands you can't live in netherlands . It is for a reason why people call this is the costliest country to live in the entire Europe. Do you have any idea how much it cost a room to rent in netherlands when you compare this with germany or france

[@ateriemouse8406]

Brother im the netherlands it says that ur poor so you get free money from the goverment but lots of ppl work without telling the goverment so they get that extra money

[@adbos4555]

@@udishomer5852ja . Effectief zijn die mensen daar vrijer en ook rijker in termen van welbevinden . Hier .., in nederigland , het land dat vroeger NEDERLAND 🇳🇱 heette…., is de bevolking vervuld met een groooooooooot gevoel van onbehagen . (Als ik voor mijzelf mag spreken ). En de aantallen zijn in rap tempo groeiende . 😢

[@poneill5532]

Some of this gas was exported to England, now the pipeline flow has been reversed and gas is flowing from England to Holland.

[@ol7926]

Don’t think the Dutch are that rich that you are telling in this video.

[@Dlxxx159]

Cool opinion bro

[@s4d286]

60k gdp per capita is rich

[@valyshknee4203]

​@@s4d286 we are not really that rich, we are infact pretty poor dude. its the government thats rich, my parents for example sometimes have to lend money from me a 18 year old working at a shipyard to get by, 60k might sound nice to you dude but we are also heavily taxed and cigarettes for example are 6x more expensive than in germany being over a whopping 20-25 bucks.

[@valyshknee4203]

@@Dlxxx159 we are not really that rich, we are infact pretty poor dude. its the government thats rich, my parents for example sometimes have to lend money from me a 18 year old working at a shipyard to get by, 60k gdp might sound nice to you dude but we are also heavily taxed and cigarettes for example are 6x more expensive than in germany being over a whopping 20-25 bucks, then you also got expensive supermarket goods and expensive fuel to deal with. just figure

[@timspiker]

@@valyshknee4203 Well said man. In the past 20 years we've gone from a wealthy population to more than half the population living in poverty. Joining the EU was the biggest mistake any EU country could make.

[@danbujor5991]

Good idea to keep it for emergencies. I live with 3 solar panels of 450 watts total. Soon I'll buy 3 newer ones 600 watts. Secret I use a pressure cooker and small sleeping space for winter I heat with 200 watts heat lamps. Small generator for back up.

[@jamesr1703]

Wow, I had never heard of these earthquakes before.

[@nuribayram6740]

because these are not a big earthquake compared to others

[@wladefant]

​@@nuribayram6740 yeah earthquakes of the same size are occuring in Germany too and there was not even one report about it. I also looked through the whole internet and couldnt find one video of the earthquake or at least some cracks from it

[@maartent9697]

@@nuribayram6740 Difference is standard earthquakes are 10km underground these are 5

[@tekk9995]

@@nuribayram6740 You can't compare...

[@ChessKnight-1]

Congrats on 100k!!

[@BaconatorV420]

i stopped doing my homework to watch this and i dont regret it-

[@TheLineCutter]

you should be finishing your homework SO THAT you can watch this video mate ;) not the other way around.

[@BaconatorV420]

@@TheLineCutter already finished it dw

[@ItsMarijntjuhh]

You should make a video about the power of ASML and the power it holds against outside economy’s. Also a good video idea is the food research in Wageningen. That’s also a big thing here.

[@Ribeirasacra]

Informative video. One bit of information that maybe missing. I read once, cannot find it now, that Germany kept pressure on the Dutch government to keep supplies going. This I believe is due to contracts. If that is the case then production will not be stopped. The issue associated with this is if production is stopped for Dutch usage, but kept Germany supplied, would that also put The Dutch population at some sort of disadvantage. I said this is a maybe. If I have got this wrong in any way please tell me how. There is also a small fact that Rutte went back on his words with the operation of the gas field. Some say that is normal for the man.

[@Music_Never_Stops]

As far as i know those contracts last till 2030.

[@ChuckAmadi]

Well done. Listened to their citizens. Hope one day those home /business owners affected have been compensated.

[@thescatterpiratesquarepant7935]

We have old contract with countries, like germany, that we signed 20 years ago about selling gas at a fixed price to Germany.. so most of the gas we mine is sold for like 5% of actual market price due to these old fixed contracts.

[@seekeroftruth1200]

Didn't Germany invade the Netherlands several years ago and do a lot of damage?

[@passantNL]

@@seekeroftruth1200 Not recently.

[@YaoiMastah]

The Germans put the old contract up for revision a handful of years ago. After a short debate, Economic Affairs reasoned it was too expensive to revise the old contract.

[@Music_Never_Stops]

yup. I think till 2030. That includes Germany, France and Belgium. Although Germany also imports, or wants to import, gas from Norway. The gas from Norway would be one thirth of the whole German gas needs.

[@hg2.]

Can't they "remediate"? Can't they pump water back into the gas holes to support the ground minimize the earthquakes?

[@yorambrinkman6637]

My girlfriend lives in kantens near Middelstum where the first earthquake was. And now their almost 2 years in a temporaly home because their house was build on clay ground, because of the hollow grounds each year the ground went down around 2/4cm where she lives. Doesnt sound bad in the first place but their house that was only 31 years old was almost 70cm in the ground. What should be a 4 month project to build new houses is now almost 2 years because the ground was to unstable. They said that a earthquake is like a tank driving 70kmph right in your frontyard. At first i didnt Believed that until i slept their and the temporaly home (thats just Some containers with Some Windows) shaked so hard that the flowers fell on the ground and it felt like we where falling down (even tho that wont happen ofc but the feeling is really weird) The worst part of all this was that for years they didnt get any help from the Goverment until the last 5 years because Slochteren got help first. So their house became more unstable and the fear of falling apart was their all day. Jan 2023 they got a letter that there house would go down and they coudnt be happier. Until the ground was to unstable like i said before. Even tho the gas in Groningen is good for the economy never but never should a goverment put money above their people. (Sorry for my english)

[@channel4ferrets]

The remaining natural gas in Groningen won't make The Netherlands "stupid rich". Only 450 billion cubic meters are left. That's not worth a trillion Dollars, just $170 billion at current natural gas prices.

[@HindsightYT]

The estimates of its remaining worth vary greatly, and that's why I didn't want to emphasize this fact too much in the video. But I got the $1 trillion figure from this Bloomberg article: www.bloomberg.com/news/articles/2022-10-06/dutch-close-europe-s-biggest-gas-field-despite-energy-crisis?embedded-checkout=true In case you don't have a subscription to Bloomberg, this is the exact phrase: "Groningen has been a mainstay of Europe’s gas supplies since 1963. Even after a half-century, there’s still about 450 billion cubic meters of extractable gas in reserve-worth around $1 trillion. More critical, there’s room to extract around 50 billion cubic meters per year more than is flowing at present" But I think any figure of it's worth is very speculative and I've also found lower figures. I felt it was important to mention the potential worth (and I mentioned the high end of estimates).

[@HermanWillems]

Also the cost to get it out of the ground goes up the more you extract. Because of the pressure.

[@FreedomofspeechSensor-zu8ip]

Im a 12 year oil and gas extraction specialist from the US.. Just because there is 450 billion cubic meters of proven reserves doesn't mean that it is extractable.. As the field is depleted the formation pressure drops and the flow declines it becomes necessary to artificially stimulate flow which can be extremely expensive depending on the wells dynamics. If the price of gas is low it becomes unprofitable for a business to extract it and is necessary for the government to take it over and use $10 of the tax payers money to make $2.. (You know because the government knows how to spend your money best) I havent studied the geology or characteristic of this field but i would say that if there is earth quakes that indicates that the formation is caving in and it could help maintain the formation pressure and aid in the life of the wells.

[@henkoosterink8744]

@@FreedomofspeechSensor-zu8ip Mr Wiseguy, the gas is pretty extracable .

[@FreedomofspeechSensor-zu8ip]

@henkoosterink8744 Mr. ICantRead i never said it wasn't. I said that just because there is X of proven hydrocarbons doesn't mean that that entire amount of X is extractable.

[@hogeth7650]

The biggest surprise in this video(btw godt jobbet) was ranking of regional GDP location 5. Bratislavsky kraj(sk). Had no idea about this region doing so well.

[@budgetarms]

Good video

[@Eovar_Endre]

Interesting video, mate! Seem like a big Dutch dilemma: money and energy vs livelihood of locals.

[@VanillaMacaron551]

There are other ways to make money and energy. It's not an "either-or" situation.

[@lolzorkont]

You make very good looking videos. But the gas winings were causing earthquakes which is why it was stopped. It is very common knowledge in the Netherlands. It one of the most debated topics ever lol.

[@bullet._.duck2966]

As someone from Schoonebeek I have to say that there hasn’t been oil extracted in some years because of trouble with the sewage water it creates and the inability of the NAM to properly get rit of it. They want to pump it into the ground instead of reusing it which they have got the money for. It has cause a lot of discourse between the citizens of Schoonebeek.

[@bellenvideo5629]

Dear vidusers do not let Rutte lead NATO. He has a very terrible memory of the past.

[@dannydetonator]

Some say he better understands the present.. but don't take my word for it, now i have to research to check him out.

[@brett76544]

Seems like another problem with Gas Drilling like we have in Pennsylvania with casing failing and it is affecting water wells normally to the south and within 2 km here in Susquehanna County. The only earthquake we have had was a 3.0 when Shell did a test well back in 1979 and used a type of Fracking back then, but they hit a fault line. Guess what when they started drilling again up her around 2010 another company hit that fault line and caused a little water issue that still has not been resolved.

[@guatf1]

It's funny isn't it, we just trow away at least 500 BILLION euro's, if we just compensate for the homes that are damaged 100.000 x €300.000 = 30 billion we still leave with 470 billion... But he let's trow in some concrete

[@CobisTaba]

That assumes no new homes will be damaged, nor old homes be8ng damaged again. Which in itself is silly. Also, several fact checks have calculated the remaining gas be worth between 90 and 120 billion, not 500 billion or more. Still a hell lot of money, but much, much lower. And if you assume future damage and thus compensating more people… not much profit left.

[@brulsmurf]

The moment Groningen goes independent we will certainly consider it 👍

[@guatf1]

@@CobisTaba yeah and I also did assume that all 100.000 houses had to be completely rebuilt, most of them have only minor damages so they need nowhere near €300.000 so damage repairs might be half of what i said before. The 500 billion is already conservative, the video spoke about twice that.

[@CobisTaba]

@@guatf1 check the actual fact checks. 500 billion assumes Basicly consumer prices during the high points… while actual global markets pay like 20% or less of that.

[@guatf1]

@@CobisTaba even if its worth "only" 100 billion it still doesn't make sense to not go after it

[@proinsiasbaiceir6580]

I’m not an expert on this, but I have heard that there had been proposals to put the natural gas revenues in a fund like the Norwegian state does with its oil revenues. From that all Norwegians still benefit. But the Dutch finance minister refused to do that and since then the money has been used to fill holes in the national budget. So since then many Dutch governments had not always to use its budget as economically as possible and in that way could avoid necessary reforms. When somebody asked an expert: How would our country have looked like today without those natural gas fields?, he answered briefly: 'Like Belgium!' For your information: on average Belgium has the same living standard as The Netherlands. So in hindsight the blessings of exploiting the natural gas were much more limited than people thought back then.

[@Bramfly]

Because our government cares more about people than profit. We are not a dystopian gun loving country without adequate workers protections and lacking sufficient social care and affordable healthcare, that’s why.

[@fred6319]

earthquakes could easily break dykes, dams or levees which puts half of the population at risk that is why

[@janvanholten7592]

Excuse me. Our government cares more about their people then making profit? What fairytale have you been looking at?? They can help the people with problems, although it costs some money! But they want to save the worldwide climate and with the damage to the houses they've got a brilliant excuse. It's one of the many scandals in The Netherlands. Politicians, the scum of this planet!

[@brucebaldwinson6316]

That's a really stupid comment, how is that immigration working for you? Dystopia!!! A welfare freeloader state is nothing to brag about.

[@Maximedius]

The government didn't care about people. They spoiled the gas money on an unsustainable welfare state, while the people in Groningen have the problems as mentioned.

[@garyjarvis2730]

Brick houses are very susceptible to earthquake damages because they do not flex easily with the shock waves. Buildings that are quake resistant can be built to mitigate the issue. This however takes time and does not help the people currently suffering from the existing damage. The gas companies should pay for the problem - period. The connection between their gas extraction and earthquake damage is not ambiguous. Greed and lack of concern seem to be the driving force behind this entire mess. Nicely done video reviewing the problem.

[@SynomDroni]

10:50 :"...especially now that supplies are limited..." translation: because we allowed the USA to blow up Nordstream and sell us expensive fracking gas from USA at much higher prices instead.

[@DualMediumPhysics]

It seems like a fairly obvious solution has been overlooked; use the gas to fuel power plants, and pump the CO2 from the power plants back into the ground. As long as they pump in more CO2 than the volume of gas that goes out, the ground should slowly return to the level it was once at, and earthquakes should not be a problem. Don't let the fear from past mistakes prevent beneficial solutions.

[@dunnoFN]

You should probably reduce the clicking sound effects as they get annoying fast with headphones on especially

[@HindsightYT]

Noted

[@aahildewanjee3013]

Watching from Bangladesh 🇧🇩🇧🇩 ❤❤

[@whateverrandomnumber]

Why not pump water in?

[@ellidominusser1138]

I thought they did that with saltwater from the sea

[@niemand1072]

I suppose it is because gas and water do not have the same composition, There would either be a need for trillions of liters of water or water can not hold the land and would just turn into damp and raise to the surface leaving the entire empty rooms there that would result into earthquakes

[@fred6319]

i don't think creating a underground swamp is a good idea

[@pauls3204]

Untreated water pumped into a hydrocarbon well causes H2S gas which is deadly

[@miplev]

Amazing video. I have been long opposed to the "green deal" fantasy. But have to say, this video makes me think about it once again. However, even the crazy transition to renewable resources will case problems we don't realize yet, as we had no idea about impact of extracting the gas and oil when it all started. Mining for precious metals and other raw materials, lithium etc. is having impact in other part

[@YTjules91]

Unpopular opinion: People in the Netherlands also tend to exaggerate a bit. It’s not like villages are destroyed or there were actual casualties during any of the earthquakes. They are ‘relatively’ minor and mostly cause cracks in walls or perhaps a broken window. Most other counties are used to cities being leveled by hurricanes or earthquakes on an annual basis. We don’t want to be dependent on russia for gas so perhaps we should rethink our strategy. Of course the people that live in that area should be financially compensated or aided in finding a new home outside of the danger zone.

[@foppo101]

Strange you lot are so brainwashed Russia has to be the enemy.The Netherlands is imbedded in the E.U your independence has gone and the US rules.

[@n.d.8713]

"Finding a new house" ahh yes.. uneducated person. There are no new houses. The country is full. We have one of the most dense square meters of the country. On the world...

[@EGO0808]

Only a Dutchman would say this.... Closing down the gasproduction and at the same time instigate a conflict with Russia. Then saying we do not wish to depend on Russia and the damages aren't significant in Groningen.

[@harcovanhees394]

We decided not to use It as a backup. The drilling holes will be filled with concrete. This is done to ease the minds of the people and to be a reliable government (that’s an issue at this point in time+Very well pronunciacion of the names of the towns

[@bpdbhp1632]

Nog zoiets doms idd

[@ImrightImright-y2v]

As a Groninger I'm tried of it fuck natural gass keep the money 💰 I like my country intact

[@sdf6508]

Door jullie blijven we arm

[@jonathancastro8487]

@@sdf6508arm je zeg??? Nederland behoort tot de 20 grootste economieën ter wereld

[@tekk9995]

@@sdf6508 Ga toch fietsen... ajb je hebt geen idee wat arm is.

[@wulfs1259]

@@sdf6508 Zelfs met het gas blijven we arm dat geld gaat naar een paar hoge mensen

[@sdf6508]

@@tekk9995 De boodschappen zijn niet meer te betalen, de kosten van wonen rijzen de pan uit, het eigen risico staat op €385. Mensen vermijden zorg omdat jullie geen barsten in jullie muren willen. Op een begroting van 400 miljard, is 1 billion heel veel geld.

[@agytjax]

The root of the problem is human habitation in and around the gas extraction zones. The viable solution, therefore, is for the Dutch government to buy the private properties and facilitate in the relocation of the population across different parts of the country. Financially, that should not pose any problem, but convincing the folks to relocate is much tougher. This needs time as the govt. needs to constantly engage the local population and convince them, that in the larger interests of the Dutch state, relocation is inevitable.

[@udishomer5852]

He said there are 250,000 housing units in this region, that would impossible to do unless you live in China or a similar authoritarian regime.

[@agytjax]

@@udishomer5852 - Not impossible for a country that has the will and wherewithal to reclaim 900 sq. km of sea and make it arable. And nobody is sayin to do it overnight, it can be a gradual process

[@nashwagemakers]

you can't exactly relocate half a million people forcefully in a democracy lmfao

[@thegiggler2]

This channel is really good

[@wladefant]

Could not find even one video of the damages caused by the earthquake or just the earthquake itself. When looking at some of the graphs the earthquakes are quite weak and are also occuring in Germany apparently, and there is no talk about destroyed homes. Seems to be mostly a political discourse

[@irenehabes-quene2839]

The quakes cause damage because they are much less deep in the earths crust. They do cause substantial damage to buildings often making them too dangerous to use without reinforcements. These costs are quite high.

[@Brommear]

Very interesting. Although not an accurate way of measuring, you could think of earthquake depths as similar to distances from the epicentre. A 3,5 earthquake will cause more damage 5km away than 50km away.

[@JasonMitchellofcompsci]

It's not a capitalist gain when the funds are going to the state. Capitalism gets blamed for things that aren't even capitalism.

[@corneliusantonius3108]

The Dutch state is doing capitalist things. They are the silent partner in a venture with Exxon and Shell.

[@DT-wp4hk]

Leftoids in the netherlands are doing this consistent

[@corneliusantonius3108]

@@DT-wp4hk What exactly? enlighten me.

[@phnix6242]

If this gasfield is extracted by goverment /state entities Its not capitalis/free market It is authoritarian or maybe ask the Durch Royals what it is….

[@corneliusantonius3108]

@@phnix6242 Iy is a joint Venture of Shell, Exxon and the State. But onley Shell Physically extracts the Gass I suppose Exxon is in there for distribution purposes. The Joint Venture is called the N.A.M. Ther Dutch Governement takes apercentage because the minerals are property of the state.

[@audience2]

Slowing down the rate of extraction to an acceptable rate of earthquakes instead of complete closure was the correct pragmatic decision.

[@DT-wp4hk]

Because the hague is 🏳️‍🌈

[@martinvho]

If they continue extracting, the profits of gas extraction and the gas pocket collapses, then lives and homes will be lost and the government will have no other choice but to pay up, basically bankrupting the country because the money earned is already spent and the only income to pay for it would be taxes. But as long as they keep extraction at close to 0 and the topic keeps being discussed in parlement about how much the payout should be, they save themselves to actually pay out. If they keep that discussion going for another 100 years then no payout will ever be issued because the people affected will be dead. Very good video, it explains a lot of the political changes I have seen the country go through over the years.

[@DavidL-ii7yn]

"strong earthquake" ... is only a 3.6 ??

[@channel4ferrets]

It's not strong but it does a lot of damage to homes.

[@ninta4]

For a country that doesn't get earthquakes anything that can be felt is strong. It's all relative.

[@Dutchguy.94]

At about 3km depth, unlike most natural earthquakes that happen between 20km and 100km Depth

[@MarvinWestmaas]

'only' is always relevant. Historically, there are no fault lines causing there to be a reason to have expected this based on previous occurrences. As such, the building code never included measures at negating the damage tremmors do to buildings. So, if LA get's a magnitude 6 and reports 'minor damage' since most buildings were built to deal with it, the damage from a magnitude 4 done to buildings not build doesn't need to be less.... even on a logarithmic scale.

[@HermanWillems]

Understand that there is LOTS of these small earthquakes and many small earthquakes make a lot of damage to the homes. Which does cost ALOT to repair. The people who live there didn't ask for these damages. For others to profit from the gas..

[@thijsjudejong]

Imagine being a politician or executive, seeing all these destroyed houses, communities, people going into poverty, but still decide to not care because the profits get you a nice Mercedes or something. Not wanna name any names but they are here

[@morererecords]

The Dutch are definitely not some of the most happy people on earth haha what a joke

[@YTjules91]

They are, considering annual reports on global happiness. Dutch people still complain a lot though

[@EGO0808]

They definitely are according to themselves. The best, the happiest, the perfect ones. In their minds, so that makes them 'happy'.

[@jvtr2599]

@@EGO0808seems they all have autism

[@tammo100]

I live in Groningen on top of the gasfield and this video needs more information. The earthquakes happen at low depth, 3km. And the surface is clay and peat, not rocky. Both things make that you cannot compare the usual magnitudes of earthquakes here. Furthermore 70.000 houses are damaged because of the gas and until recently the government did NOTHING to help the people. Absolutely NOTHING. While they were earning billions of money from the gasfield there came nothing in return. And when you go to court you have to fight as individual against the massives of Shell and Exxon. It is outrageous. Criminal. The Dutch goverment always tells other countries how to behave but in this case mistreated their own people for more than 60 years.

[@yunusgokcen174]

Government should had compensated those 70.000 people.

[@sagittarius5466]

Totaal gestoord dat we dat gas niet uit de grond halen

[@sagittarius5466]

@aheroyaheroyalproductions7631 ja scheurtje hier en daar 😂 zit voor een biljoen aan gas in de grond daar pipo

[@toms7700]

Heerlijk die hersenloze reactie 😂 waarschijnlijk een zwerver uit de randstad

[@EGO0808]

Precies, Thierry Baudet heeft het je zelf verteld, nietwaar?

[@sagittarius5466]

@@EGO0808 was het maar zo’n feest

[@LCCWPresents]

Honestly extracting water from the ground has similar results, but doesn’t normally cause nasty earthquakes like this.

[@Emerackenballedpenguin]

dutch person here, long story very short: we dont live near atectonic faults so basicaly, we shouldn't be having earthquakes but we do becayse thats what drilling for gas does it causes earthquakes and that gas is in the province of groningen and people live there, not alot but its still has a reasonable amount. the government really wants to drill there but the people dont since they are effected by the earthquakes but they also refuse to move, so people protested against the government when they were drilling for has... so yeah thats it

[@Lee-xs4dj]

Wouldnt have been an issue if they'd invested more of the revenue into the local area rather than stealing it for international projects

[@palirvin1871]

It's enlightening to hear details of how other countries become success equal to or exceeding the USA if measured by something more than pure profits.

[@Planeet-Long]

The main issue remained that the Netherlands simply didn't build enough nuclear power plants when they had the chance, we know that the main reason that most nuclear power plants aren't profitable in the West is regulations and strict rules that make it nearly impossible to operate them and whenever one actually is in operation lobbyists from both pro-oil, pro-gas, and anti-nuclear organisations keep filing requests for inspections which makes operating them nearly impossible. Had the world mass-adopted nuclear energy during the oil embargo we would've seen a much more independent Western Europe and the gas extraction would've been gradually lowered. Of course, this is all in hindsight, but it still baffles me how a very small number of "Green" activists and Big Oil magnates basically prevented progress. Interestingly enough, in some countries these same "Green" activists are actively protesting solar panels and wind turbines, I wouldn't be surprised if they're just a front for Big Oil and Big Gas.

[@pimmpslap]

Subsidence is the reason. Saved you 13 minutes.

[@haroldbridges515]

Very interesting for an American to discover national decisions made on the basis of the well-being of the citizenry.

[@blockaholic]

We Dutch people have great ideas how to destroy the world, and successfully exploited this kind of expertise.

[@BLuan777]

great vid man u explained that really well:)