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Will Hungary Not Experience a Mediterranean Climate After All?

In the year 2023, extreme heat broke several records, but what role does the El Niño phenomenon play in this?
Are environmental anomalies set to become more frequent, and what does this mean for Hungarian agriculture? What message was sent by hosting the 2023 Climate Summit in Dubai? And what are the outcomes of the push for battery production in Hungary from the perspective of the green transition? These were the issues addressed by Diana Ürge-Vorsatz, a climate researcher, professor at Central European University, and Vice-Chair of the UN Intergovernmental Panel on Climate Change, on the January 5th edition of Portfolio Checklist.

In the Podcast Discussion, Diana Ürge-Vorsatz, a renowned climate expert, provided valuable insights into several key topics:

* What do climate target numbers actually mean?

* Was the year 2023 really extremely hot?

* What effects does the El Niño phenomenon have?

* How could Hungarian agriculture transform?

* What is the significance of hosting the 2023 Climate Summit in a fossil fuel powerhouse country?

* Do we fear that the final document of the climate conference could allow certain countries to delay transitioning away from fossil energy sources?

* Could the focus shift away from emissions reduction to technologies aimed at carbon capture and storage?

* What are the outcomes for Hungary's green transition in light of the acceleration of battery production?


Diana Ürge-Vorsatz, in an earlier interview with Pénzcentrum, drew attention to the importance of the energetic modernization of buildings, the potential of solar energy, and the permanent existential danger to civilization. She stated that the likelihood of exceeding a 1.5 Celsius degree increase in temperature is on the rise, highlighting:

"The civilization is in permanent existential danger. We can lament about whether we can do it, but we have to do it – there's no other way. Last summer and perhaps finally this year, we started to understand that we are cutting the branch we're sitting on, as things can turn much worse very quickly."

The drought of 2022, which was indeed influenced by climate change, inflicted massive damage on crops. "Three-quarters of our CORN HARVEST was destroyed, a quarter of our wheat yield was lost, and we could not import due to the war," the climate expert added, emphasizing that part of the food inflation can be traced back to these factors.

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