Embracing with various and abandon products in today’s market, we human beings are truly beneficial from the industrial revolution. Manufactures and factories offer costumers high-quality goods at a relatively low price. However, some companies make progress in the cost of environmental damage, which is an absolutely stupid method to develop. According to my perspective, this kind of environment-damaging companies can make changes under some penalty in order to protect the environment.
First and foremost, companies and entrepreneurs will do their best to avoid cost like the environmental penalty. As we all know, the profit is the first for any company. If they have to pay a lot of penalties because they damage the environment, they will transform to environmentally friendly or just stop the pollution projects as soon as possible. Many companies, which have transformed successfully, even start programs to protect the environment for the right to avoid high taxes. Companies are not charities but they are willing to do those things to expand their interests. Thus, adjusting taxes to protect the environment will definitely be effective and efficient.
In addition, the government can make full use of the penalty from some companies to protect the environment. Tax is the major income for the government. By regulating the tax rate, the government will have more budget to protect the environment. In that case, the government will do more things, such as funding new research for renewable sources, building clean-energy factories, and eliminating pollutants. Thus, the government will help the companies to balance between economic development and environmental preservation.
Furthermore, it is not a wise idea to stop these companies or factories. All the factories existing today lead people to a better life and provide customers more varied goods. Closing some companies is an intervention to the market which may cause the price of substitute goods raise. It will damage the interests of both companies’ owners and common people. Also, thousands of workers will lose jobs if the government force a company close when it damages the environment. Unemployment is never welcomed by the government and individuals ether. That is to say, although stopping companies that damage the environment badly can achieve its goal in a short time, numerous social problems will bring up, too.
In conclusion, the best way to regulate companies and then protect the environment is to raise taxes in the situation that companies damage the nature severely. Companies will not bankrupt if they make the right decision, and may develop better afterwards.
Embracing with various and abandon products in
today
’s market, we human beings are
truly
beneficial from the industrial revolution. Manufactures and
factories
offer costumers high-quality
goods
at a
relatively
low price.
However
,
some
companies
make
progress in the cost of environmental
damage
, which is an
absolutely
stupid method to develop. According to my perspective, this kind of environment-damaging
companies
can
make
changes
under
some
penalty
in order to
protect
the environment.
First
and foremost,
companies
and entrepreneurs will do their best to avoid cost like the environmental
penalty
. As we all know, the profit is the
first
for any
company
. If they
have to
pay
a lot of
penalties
because
they
damage
the
environment
, they will transform to
environmentally
friendly or
just
stop
the pollution projects as
soon
as possible.
Many
companies
, which have transformed
successfully
, even
start
programs to
protect
the
environment
for the right to avoid high
taxes
.
Companies
are not charities
but
they are willing to do those things to expand their interests.
Thus
, adjusting
taxes
to
protect
the
environment
will definitely be effective and efficient.
In addition
, the
government
can
make
full
use
of the
penalty
from
some
companies
to
protect
the
environment
.
Tax
is the major income for the
government
. By regulating the
tax
rate, the
government
will have more budget to
protect
the
environment
.
In that case
, the
government
will do more things, such as funding new research for renewable sources, building clean-energy
factories
, and eliminating pollutants.
Thus
, the
government
will
help
the
companies
to balance between economic development and environmental preservation.
Furthermore
, it is not a wise
idea
to
stop
these
companies
or
factories
. All the
factories
existing
today
lead
people
to a better life and provide customers more varied
goods
. Closing
some
companies
is an intervention to the market which may cause the price of substitute
goods
raise. It will
damage
the interests of both
companies’
owners and common
people
.
Also
, thousands of workers will lose jobs if the
government
force a
company
close when it damages the
environment
. Unemployment is never welcomed by the
government
and individuals ether.
That is
to say, although stopping
companies
that
damage
the
environment
badly
can achieve its goal in a short time, numerous social problems will bring up, too.
In conclusion
, the best way to regulate
companies
and then
protect
the
environment
is to raise
taxes
in the situation that
companies
damage
the nature
severely
.
Companies
will not bankrupt if they
make
the right decision, and may develop better afterwards.