The environmental price of battery-recycling plans of the Hungarian government
Article by Andrea Éltető on the Institute of World Economics’ blog
It was recently reported that the Hungarian government is also trying to pave the way for battery recycling plants by amending the law, and the Minister of Economy has been persuading several battery recycling companies in South Korea and China to invest in Hungary. According to a statement from the Ministry of Economy, since the EU’s 2023 regulation makes battery producers responsible for collecting and recycling all battery waste, but the country still has hardly any recycling plants, so this sector needs to be developed “to provide safe and environmentally friendly solutions for the large-scale recycling of used batteries.”
