Theme: Some people think that climate change reforms will negatively affect business. Others feel they are an opportunity for business. Discuss both sides and give your own opinion.
For several years now, climate change have gained an enormous momentum, which is quite negative, and battle a number of researchers as well as government throughout the world. Hence, innumerable reforms and practices was introduced in order to handle the pressing matters in climate change that however, present a ripple effect on a wide range of areas including business. There is a universally accepted view among several individuals that reforms regarding climate change will adversely influence on business. The opponents of this belief claim the opposite; they affirm that such policies create a great opportunity for business. There are convincing arguments from both sides, and the essay will attempt to delve into the reasons.
On the one hand, those who support the opinion about climate-change-related reforms influencing business in the future cite various risks that can force business to be dismissed out of the market. Fore mat among these are the prices required for introducing practices in order to lower carbon emissions and use alternatives instead of fossil fuels. The ever escalating prices as well as expensive equipment to lessen contamination and dispose of pollutant particles can be prohibitive for businesses especially independently- owned ones in private sector, thereby increasing risks to stay out of competitive market. Moreover, due to the complexity of alternative fuels exploitation and the scarcity of experts specializing in this field would pose a great obstacle for business initiatives to response properly to climate change. This means that a number of business entrepreneurs appear to lack in knowledge about the usage of sophisticated technologies and systems, allocating alternative fuels, and in addition insufficient number of adepts in this area engenders the long-term consequent problem for businesses, forcing them to experience financial crisis and from external companies and establishments as long as businesses will take essential actions to handle climate change-related problems.
In conclusion, it appears that climate change policies can cause some notable negative implications on businesses it the future, nonetheless, I would tend to side with the opponents of this view. It seems that rather than negative consequences, on the contrary, such reforms will surely offer a vast number of opportunities for businesses, so that they will be able to gain income and form reciprocal relationships with other companies.
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