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Why Is It Different? Specific Characteristics of the Hungarian Battery Industry: Legal Background and Environmental Impacts

Author

Listed:
  • Andrea Éltető

    (Institute of World Economics, HUN-REN Centre for Economic and Regional Studies)

Abstract

Based on official documents, the paper addresses in detail, why battery production in Hungary cannot be discussed as if it were in another European country. The costs and risks of Hungarian battery production are high because of its specific characteristics, and if current practices remain unchanged, the environmental, health and social damage it causes will directly outweigh the benefits for the population. Experience has shown that large companies will obtain environmental permits, no matter how unclear certain issues remain. Regulations have not been adjusted to this huge battery industry. And even in cases where rules are appropriate, the centrally-mandated authorities are not only lenient, but even break the rules themselves in the interests of the companies. New government regulations are helping the companies instead of local people or workers. There is also a weakening of transparency and inertia on the part of the authorities in many areas. Overall, the environment and nature protection aspects are not being taken into account in this area.

Suggested Citation

  • Andrea Éltető, 2024. "Why Is It Different? Specific Characteristics of the Hungarian Battery Industry: Legal Background and Environmental Impacts," IWE Working Papers 276, Institute for World Economics - Centre for Economic and Regional Studies.
  • Handle: RePEc:iwe:workpr:276
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    File URL: https://vgi.krtk.hu/wp-content/uploads/2024/08/Elteto_WP_276.pdf
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    More about this item

    Keywords

    battery production; environmental protection; electric car; automotive industry;
    All these keywords.

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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