Some people think that the effective way to reduce pollution is to tax the companies which cause it. Others think that there are better ways to achieve this. Discuss both the sides and give your own opinion.

Although

it is sometimes thought that

pollution

can be reduced effectively by taxing the

companies

causing it, while other people think that it can be achieved in alternate ways. In my opinion, I consider that imposing a tax on organizations causing

pollution

will help curb the situation. On the one hand, it is often believed that taxing

companies

causing

pollution

, will reduce it effectively and I agree.

Companies

will devise proper waste management systems to properly get rid of bi-products produced by their assembly line to avoid taxes.

Moreover

,

this

will encourage

companies

to compete with each other to be more observant and considerate of their environment.

For instance

, nowadays consumers are keeping an eye on organizations that are more environmentally conscious, resulting in sudden environmental friendly initiatives over the

last

decade. In fact, there has been around a 4 per cent reduction in water

pollution

in the

last

5 years.

On the other hand

, many people believe that there are better ways to reduce

pollution

instead

of taxing

companies

. One reason is that imposing a tax on

companies

would incur a huge loss, resulting in limiting their spendings on waste management systems.

For instance

,

companies

in India are paying high taxes for generating

pollution

and are unable to afford proper disposing plant for their wastage, resulting in increased

pollution

indices over the

last

decade. In conclusion, people may have varying opinion on whether to impose taxes on

companies

polluting our environment or not, I think that

companies

generate enough profits and should be taxed based on how much of the environment they are polluting.