March 30th, 2009

Opposition presents ambitious environmental strategy

Hungary’s main opposition Fidesz on Saturday presented 500 billion forints (EUR 1.65bn) worth of environmental proposals aimed at financing green investments and reducing energy dependence.

Andor Nagy, deputy chairman of parliament’s environment committee, proposed to set up a green bank, which would finance environmental projects with the help of European Union funding.

Nagy criticised the government’s energy policy for emphasising close relations with Russia and was overly dependent on Russian gas. He said Hungary’s one-sided energy dependency should be reduced, which was not an anti-Russian agenda.

Fidesz economic expert Gyorgy Matolcsy suggested that Hungary should set a more ambitious target for raising the share of renewables than the EU. Instead of the EU’s target of 20 percent by 2020, he proposed to target 25 percent. He said crude oil should make up just below 25 percent and nuclear and wind power 50 percent of all energy resources by 2020.

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  1. christos says:

    Laugh? i nearly killed myself. Do these people even understand what environmental strategy means?

    try to put up a wind farm here, go on try, you will strangle yourself in red tape long before 2020, which will be around the same time your application is refused. It is all hot airm, smoke and mirrors, it is easy to say any old bull when you are the opposition, and as a government i cannot see Fidesz doing anything to shake the status quo as regards protecting vested interests and lining their own pockets, so…no wind farm.

  2. christos says:

    Oh i should add that the important motivation behind this program is the line ‘with the help of EU funding’ which translates as ‘ with more free money for us and screw the environment’

  3. Donizelli says:

    A “Green Bank????” You’ve gotta be crapping me, seriously now. I am not sure what makes Fidesz the “Green Party,” all of a sudden. WHy are they more “green” then for example Jobbik or the Workers’ Party is? And yes, in typical Hungarian fashion, all of this wonderful fairy tale “green plans” will happen only of the EU trucks more money into Hungaria.

    In other words — not bloody likely, is it now?

  4. Erik says:

    Actually it’s quite brilliant – if you are going to steal money, what better channel that via an environmental subsidy stream… for one thing, it’s all so hazy it’s hard to figure out where the money is going missing, and fewer journalists / NGOs will even bother looking, because nice liberal green types will also be on the take. Kudos to Fidesz.