Some think that climate change reforms will negatively affect business. Others feel they are an opportunity for businesses. Discuss both sides and give your opinion.

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It is a contentious issue that the transformation of
climate
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will have an adverse effect on the
business
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. Some people are in its favour whereas others feel that it will be a chance for
business
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to grow more.
This
Linking Words
essay will discuss both sides and
then
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lead to my opinion in the conclusion.
To begin
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with, after the implementation of various
reforms
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regarding
climate
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change, a lot of restrictions have been imposed on
utilisation
Correct article usage
the utilisation
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of greenhouse gases in many
business
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sectors. To cite an example, a survey conducted by The Guardian Newspaper in March 2015 revealed that 65% of car and air conditioner manufacturers had been facing a loss of $10 million every year in the USA since the government issued strict policies regarding the ban on the use of
such
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gases.
Hence
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, these industries have to purchase costly
environment friendly
Add a hyphen
environment-friendly
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alternatives.
In addition
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, not only do these firms require updated technology according to
reforms
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,
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apply
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but there are
also
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various kinds of taxes to be paid and all these factors affect the
business
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sector negatively.
On the contrary
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, since many nations have issued many reforming policies related to climatic changes,
this
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approach has given multifarious opportunities to many
business
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fields. Primarily, the sectors related to solar and wind power have tremendously emerged as big firms.
For example
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, the businesses related to the supply of solar panels to supply hot water and support heating systems in houses
among
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in
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many countries have observed
35
Correct article usage
a 35
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% increase in their sales.
Moreover
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, solar power car engines are being constructed by new transportation companies like Tesla and certainly, it is a good time to adopt a futuristic approach by many firms to hinder
the
Correct article usage
apply
show examples
climate
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changes
Fix the agreement mistake
change
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. To conclude, it is unequivocal that
although
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a segment of society opine that
climate
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change
reforms
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are an obstacle
for
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to
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the working of many businesses, I advocate that these
reforms
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give a pavement to the emergence of new businesses in various sectors.
Submitted by Mrjit147 on

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