Hungary building a carbon-neutral town from the ground up

May 31, 2019, 7:48 AM EDT
(Source: MarculescuEugenIancuD5200Alaska/flickr)
(Source: MarculescuEugenIancuD5200Alaska/flickr)

A plot of 1.27 square miles in the northwest of Hungary could host, in the near future, a sprawling carbon-neutral town, powered entirely by solar and biogas, and offering around 5,000 permanent jobs at its horticultural and infrastructural facilities.

The Hegyeshalom-Bezenye project will cost around 1 billion Euros, and is being undertaken as a joint venture by German property investment company FAKT in collaboration with co-developer EON, builder KESZ Group, and the Hungarian government, notes Bloomberg.

Speaking of the project, Hungarian Agriculture Minister Istvan Nagy said, “We’re hoping for it to become one of the landmarks for Europe.”

A board member of FAKT said that the project will serve as an example for other conversion sites across the continent that plan to phase out coal and switch to clean energy, reports Futurism. The town will feature 1,000 apartments, schools, restaurants, hotels, a railway station, and shopping centers besides expansive greenhouse facilities.