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

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it is sometimes thought that

pollution

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can be reduced effectively by taxing the

companies

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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

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

companies

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causing

pollution

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, will reduce it effectively and I agree.

Companies

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

Moreover

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,

this

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will encourage

companies

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

For instance

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

last

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

pollution

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in the

last

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5 years.

On the other hand

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, many people believe that there are better ways to reduce

pollution

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instead

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of taxing

companies

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. One reason is that imposing a tax on

companies

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

For instance

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,

companies

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in India are paying high taxes for generating

pollution

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

pollution

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indices over the

last

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

companies

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polluting our environment or not, I think that

companies

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