Some people think climate change has a negative impact on business, while others think that it provides more business options. Discuss both views and give your own opinion.

In recent years there has been a growing debate on whether climate change has a detrimental effect on worldwide
industries
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or it gives more
business
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opportunities. As far as I am concerned,
while
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it is true that
enviromental
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environmental
issues pose a threat to some
type
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types
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of
industries
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, it
also
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pushes companies to improve their
business
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models, with positive impacts on the environment.  On the one hand, climate change causes problems for many
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business
Change to a plural noun
businesses
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,
such
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as higher costs for materials and production.
This
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can lead to lower profits and even
business
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closures.
Moreover
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, governments are increasingly issuing policies and rules aiming to reduce the quantity of greenhouse gas emissions (GHG) and to monitor
sustainability
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the sustainability
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of their supply chain.
For example
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, in the
last
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mandate, the European Union promoted the "Green Deal", a package of different laws which obligated undertakings
reporting
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to report
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their Environmental, Social and Governance (ESG) impacts. As a
consequences
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consequence
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, entire new departments needed to be created, causing extra costs and investments.
On the other hand
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, companies have started investing in more sustainable
business
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model
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models
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. The production of green products
such
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as electric cars, solar panels, and wind
turbine
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turbines
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is rapidly increasing,
thus
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generating new
business
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and job opportunities. Take the energy fields as an example: in the
past
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past,
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the main electrical sources were gas, oil and fuel
while
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now the focus is on renewable energy. These have positive consequences not only for
industries
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but
also
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for the environment itself.
In addition
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, governments and institutions tend to allocate a huge amount of money
in
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to
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research and innovation, helping
industries
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manage their finance.  In conclusion,
although
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environmental issues require investments and may have negative impacts on
business
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, they have changed the traditional trajectory of work, generated new
opportunity
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opportunities
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, and pushed companies to develop more sustainable
business
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models.

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coherence and cohesion
Make sure to clearly separate your ideas into paragraphs.
task achievement
Add more examples to support your points and make them clearer.
coherence and cohesion
Try to use simpler sentences for better understanding.
task achievement
Good discussion of both sides of the argument about climate change.
coherence and cohesion
The conclusion nicely sums up your main ideas.
Topic Vocabulary:
  • climate change
  • impact
  • business
  • options
  • negative
  • positive
  • costs
  • production
  • profits
  • closures
  • services
  • products
  • market
  • opportunities
  • laws
  • rules
  • challenges
  • green products
  • demand
  • eco-friendly
  • thriving
  • industry
  • travel
  • agriculture
  • renewable energy
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