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

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

Model Answer:

In today's world, where environmental concerns have become increasingly significant, the role of eco-friendly businesses in reducing carbon emissions and protecting the environment is undeniable. However, the question arises as to whether governments should provide financial support to these environmentally conscious companies through subsidies. This essay will explore both the advantages and disadvantages of such a policy, ultimately arguing that while there are some benefits to government subsidization, the potential drawbacks often outweigh them.

On one hand, providing financial assistance to eco-friendly businesses has several merits. Firstly, it incentivizes companies to adopt sustainable practices and invest in renewable energy sources. This can lead to a reduction in carbon emissions, contributing to the global effort against climate change. Additionally, subsidies can help small and medium-sized enterprises (SMEs) to compete with larger corporations that have already invested heavily in environmentally friendly technologies. Lastly, governments can use these programs as an opportunity to promote innovation by supporting research and development in sustainable practices.

However, there are also several downsides to consider when evaluating the potential benefits of government subsidization. One major concern is that such policies may distort market competition. By offering financial support to eco-friendly businesses, governments could create an uneven playing field where companies that are already environmentally responsible receive additional funds, while those that are not may struggle to compete. This can lead to a lack of motivation for companies to implement sustainable practices independently.

Furthermore, the allocation of government resources towards eco-friendly businesses may divert funding from other essential sectors, such as healthcare, education, and infrastructure. In times of economic hardship or budget constraints, it is crucial that governments prioritize these critical areas rather than subsidizing a specific industry.

In conclusion, while there are potential benefits to government subsidization of eco-friendly businesses, including the promotion of sustainable practices and innovation in this sector, the drawbacks often outweigh them. Providing financial support can create an uneven playing field, potentially discouraging companies from adopting environmentally responsible practices independently, and may divert funds away from other essential sectors. As a result, it is crucial that governments carefully consider the long-term consequences of such policies before implementing them.

Score: Band 7.5 - The essay presents a balanced argument and addresses both the advantages and disadvantages of government subsidization of eco-friendly businesses. It includes relevant points and provides a logical conclusion, demonstrating a good understanding of the topic.

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