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IELTS Free Online Writing Practice - Should governments subsidize ecofriendly businesses?

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IELTS Writing Task 2 Topic: Should governments subsidize eco-friendly businesses?

Model Answer:

In today's rapidly changing world, it is becoming increasingly important for governments to consider the role they should play in supporting environmentally friendly businesses. Some argue that governments should provide financial assistance to these companies through various forms of subsidies, while others believe that such intervention is unnecessary and could even have negative consequences. This essay will discuss the pros and cons of government subsidization of eco-friendly businesses, and ultimately conclude that it is a necessary step in promoting sustainable development and environmental conservation.

On one hand, there are several reasons why governments should consider providing financial support to environmentally friendly businesses. Firstly, these companies often face higher costs due to the need for more expensive, environmentally friendly materials and processes. By offering subsidies or other forms of financial assistance, governments can help level the playing field, allowing eco-friendly businesses to compete with their less environmentally conscious counterparts. This can encourage innovation and lead to a broader range of sustainable products and services being made available to consumers.

Secondly, by supporting eco-friendly businesses, governments can send a strong message about the importance of environmental conservation and sustainability. By investing in these companies, they are signalling their commitment to these values and setting an example for other countries and industries to follow. This can have a ripple effect, as more businesses and consumers become aware of the need to protect the environment, leading to a broader shift towards sustainable practices.

On the other hand, there are also arguments against government subsidization of eco-friendly businesses. One major concern is that such support could distort market forces and create an unequal playing field. This could lead to the rise of monopolies or oligopolies in certain industries, with potentially negative consequences for consumers and the overall economy. Additionally, some argue that governments should not be involved in making decisions about which businesses are worthy of financial support, as this could lead to favoritism and corruption.

In conclusion, while there are valid concerns about the potential negative consequences of government subsidization of eco-friendly businesses, it is ultimately essential for promoting sustainable development and environmental conservation. By helping to level the playing field for these companies, governments can encourage innovation and set a strong example for other countries and industries. While it is important to ensure that subsidy programs are carefully designed and monitored to avoid potential pitfalls, the benefits of supporting eco-friendly businesses far outweigh any potential drawbacks.

IELTS Band Score: 8.5/9

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