May 30, 2008
On March 17, Hungary's government quickly and unanimously adopted a national climate change strategy to assist the country in meeting obligations under proposed EU legislation tabled in January, one of which is to slash emissions by 18 percent (from 1990 levels) by the year 2020. Strategy financing will derive from sales of Kyoto carbon credits and funds from the Hungarian government's environment and energy operational programme, ENDS reported in mid-February. Environment Minister Gabor Fodor stressed that energy consumption must be "separated" from economic growth.
