Open figure viewer
Significance
The oil and gas giant cited the country’s 15% dividend tax on some types of shares as a key reason behind its decision, while in recent years the company has been subject to climate litigation in the courts.
Impacts
The government will be significantly more vigilant and protective of key industrial players such as semiconductor producer ASML.
Farmers' protests are likely to increase amid worsening constraints over climate regulation and competition for space.
Successful legal action over climate change in the Netherlands will encourage similar action in other countries.
Keywords:
Netherlands,
EUR,
United Kingdom,
economy,
industry,
politics,
social,
climate,
corporate,
fiscal,
government,
policy,
gas,
judicial,
oil,
technology,
agriculture,
chemical,
energy,
manufacturing,
Fossil fuels,
Chemicals
© Oxford Analytica 2021. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2021
You do not currently have access to this content.
