Some people think that to reduce traffic and pollution, the government should increase tax on petrol (gasoline). Do the advantages outweigh the disadvantages?

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There have been some recent arguments that the government should collect more
tax
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on gasoline to reduce
pollution
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and traffic levels. I am convinced that
this
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taxation would bring more benefits than drawbacks for society. One prominent disadvantage of
this
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plan is the number of jobs that would be lost in the oil and gas industry.
Such
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a
tax
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increase would undoubtedly lead to immense revenue-cut for companies
such
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as British Petrol, Exxon, Mobile, and Shell. To put it another way, these companies would have less budget to hire new employees, or even maintain their existing labour force.
As a result
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, people who are now working in the industry may lose their jobs. Despite
this
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, there are more advantages to
this
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proposal. For starters, it will certainly decrease
pollution
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levels and ease traffic in cities.
This
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is because commuters who drive to work now would seek alternative ways to reach their destinations as gasoline prices rise.
Consequently
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, there will be fewer cars on the streets, resulting in
pollution
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reduction.
In addition
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, the
tax
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collected could fund more research projects on greener energy. Harvard University,
for instance
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, has recently established a new research, where scholars and scientists could collaborate to improve the efficiency of solar panels. There's no doubt that projects
such
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as
this
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could accelerate their progress if given a sufficient budget. To conclude, while the increase in
tax
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is likely to cost the oil and gas industry jobs, it is outweighed by the advantages it would bring. I believe
this
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plan can effectively decrease traffic and
pollution
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levels, and the
tax
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collected can be used to support greener energy projects financially.

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Topic Vocabulary:
  • excise tax
  • carbon footprint
  • sustainable transportation
  • public transit
  • eco-friendly alternatives
  • commuter benefits
  • fuel efficiency
  • environmental levy
  • traffic congestion
  • renewable energy sources
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