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IELTS Free Online Writing Practice - Is carbon trading an effective strategy reducing emissions?

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Topic: Is carbon trading an effective strategy for reducing emissions?

Model Answer:

In recent years, carbon trading has emerged as a popular approach to reduce greenhouse gas emissions. This method allows companies and nations to trade emission allowances in a market-based system, incentivizing them to cut their carbon footprint. However, the effectiveness of carbon trading in achieving its goal is a topic of debate among environmentalists and policymakers.

To begin with, proponents argue that carbon trading has the potential to reduce emissions cost-effectively by putting a price on carbon. This monetary incentive encourages industries to invest in cleaner technologies or find ways to reduce their emissions, thereby contributing to a more sustainable environment. Furthermore, carbon trading allows for flexibility in meeting emission reduction targets, as it enables companies to buy and sell allowances in the market. This adaptability ensures that the most cost-effective measures are employed, which in turn lowers the overall cost of achieving reductions.

On the other hand, critics contend that carbon trading may not lead to significant emission reductions. They argue that the cap on emissions is often set too high, allowing industries to continue emitting large amounts of greenhouse gases while still profiting from the sale of allowances. Additionally, there are concerns about potential loopholes in the system, such as double-counting or overestimating emission reductions, which could undermine the effectiveness of carbon trading.

In conclusion, while carbon trading has the potential to be an effective strategy for reducing emissions, its success relies heavily on the implementation and enforcement of stringent regulations. The cap on emissions must be set at a level that encourages industries to invest in cleaner technologies while also ensuring that the overall reduction target is met. Moreover, the transparency and integrity of the system need to be upheld to prevent manipulation or misuse.

Overall Band Score: 8.5/9

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