Hungarian Conservative

Green and progressive parties suffered major losses in the European Parliamentary elections. According to an analysis by the Climate Policy Institute, this was in part due to the green policies pushed by these parties that put most of the burden of the green transition onto the general populace.

The 4 June conference organized by the Climate Policy Institute of the Mathias Corvinus Collegium focused on ESG and its effects on society, the economy, business and social perceptions.

Brussels recently unveiled its climate target, adjusted in the wake of the farmer protests. However, the ambitious plan is still founded on a flawed approach: the EU is prioritizing mitigation over adaptation, imposing a greater financial burden on member states than what is truly necessary.

The expert speakers at the event expressed confidence that the much-talked-about plant will not be a major pollution source in the area, as there are legally mandated limits to harmful material emissions for every industrial facility. These regulations are stricter in Hungary than what’s required by the EU, as one of the panellists pointed out.