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IELTS Free Online Writing Practice - Should Governments Subsidize EcoFriendly Businesses?

IELTS.WORK Free Online Writing Practice # 1712191861

Title: Should Governments Subsidize Eco-Friendly Businesses?

Question: To what extent should governments provide financial support to businesses that are environmentally friendly or sustainable in their practices, and why is it important for them to do so?

Model Answer:

In recent years, there has been a growing concern regarding the impact of human activities on the environment. As a result, many countries have begun promoting eco-friendly and sustainable business practices. One potential method to encourage these businesses is through government subsidies. This essay will argue that governments should provide financial support to environmentally friendly businesses to a significant extent, as it helps promote sustainability, stimulates economic growth, and reduces the overall environmental impact.

Firstly, providing financial support to eco-friendly businesses can help promote sustainability on a larger scale. Governments can incentivize these businesses by offering tax breaks or grants, which in turn allows them to invest more in research and development of sustainable products or practices. This creates a ripple effect where other businesses are also motivated to adopt environmentally friendly methods, thus promoting a sustainable economy overall.

Secondly, financial support from the government can stimulate economic growth. Eco-friendly businesses tend to have lower operational costs due to energy and resource efficiency. By investing in these companies, governments can create jobs and contribute to the local and national economies. Moreover, consumers are increasingly valuing environmentally conscious products and services; thus, supporting eco-friendly businesses can lead to an increase in demand for their goods and services, which can boost economic growth.

Lastly, providing financial support to eco-friendly businesses is essential to reducing the overall environmental impact. By investing in these companies, governments can help them scale up their operations, expand their product offerings, and reach a broader market. This will not only reduce the demand for non-sustainable products but also lead to a reduction in pollution and waste generated by traditional industries.

In conclusion, it is essential for governments to provide financial support to environmentally friendly businesses to a significant extent. This not only promotes sustainability and stimulates economic growth but also contributes to reducing the overall environmental impact. By doing so, governments can play a crucial role in creating a greener and more sustainable future for all.

Score: Band 9

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