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

It is
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considered that environmental change regulations will adversely affect businesses, whilst others think that it will flourish markets. In
this
essay, I will highlight both sides’ arguments
along with
some examples and personal views on the matter.
To begin
with, climate laws will place ineffective outcomes on commerce because by law fossil fuel utilization will be banned. To explain, petroleum is the main product to provide energy to various industries and if it outlaws, many
firms
will not function.
For example
, all plastic factories will not work, because it consumes tons of diesel in the manufacturing process.
In addition
, transportation
companies
will not operate since they are emitting a huge amount of gases into the surrounding. Turning to the side of the argument, climate reforms will give many chances for businesses
due to
the fact that new environ-related workstations will be opened. To elaborate, authorities will hire new
firms
to look after and tackle the planet’s issues;
besides
this
, they will
also
need
companies
which will be responsible for environmental checks and balances.
Thus
, it will provide opportunities for new businesses. To illustrate, In Saudi Arabia, 400 green planet
firms
are working because the concerned government ban hydrocarbon-creating facilities. Another point is that there will be less competition because higher authorities will shut down some workplaces and the existing
firms
can make money.
To sum up
, environment-related laws can adversely affect business since they will hinder diesel use and will disallow vehicle transporting
companies
.
On the contrary
, it is beneficial as there will be fewer competitors and new environmental
firms
will start.
However
, I feel that
instead
of demolishing
companies
, we need to adopt some modern ways to stop the degradation of the earth.
Submitted by engrizazsaeed on

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