Soaring energy prices have turned firewood into a precious commodity in Hungary. To manage this crisis, the government continued its trend of putting a price cap, this time on firewood. Households could buy 10m3 at a subsidised price of 30 to 76 Euro – roughly enough to heat an average family home during winter.
But when prices are cheaper, demand is higher. The state forestry companies ran out of logs for sale, while private sellers tripled their prices. The government came up with a solution: easing regulations to cut down the nation’s forests.
Thousands protested, forcing the ministry to backtrack and prove that even in times of emergency, the environment always comes first.
Number of the week: 10m3
Share