CPB: Dutch recession possible if war continues
FHI, Federation of Technology Industries – March 16, 2022
- The Central Planning Bureau has added an additional and somber scenario in the estimates for the Dutch economy. Due to higher energy prices, fewer investments and lower growth in world trade, inflation could rise to almost 8 percent. This could reduce purchasing power by 5.1 percent.
- State-owned company Tennet made a loss of 320 million euros for the first time in its existence last year, although according to the grid operator this is an accounting loss, so writes the FD. Tennet had to pay a lot of money for gas-fired power stations because there was a large supply of wind energy.
- Last year, greenhouse gas emissions were 2.1 percent higher than in 2020, says CBS. This meant that the sharp decline in emissions did not continue. In 2020, there was a decrease of 8.8 percent due to the corona crisis.
- The British environmental organization Client Earth wants to personally sue Shell executives for 'defective' climate management by the oil giant. Client Earth says it is filing the complaint against the management as a shareholder, writes De Volkskrant.
- Partly thanks to subsidies, the purchase of electric cars by private individuals has increased, says the BOVAG and RAI association. In 2021, the private share of EV registrations grew to 21 percent. In 2019, this share was still 12 percent.