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The devastating impact of fossil fuel consumption on global climate remain a serious
issue. Undoubtedly, most countries have resigned themselves to the fact that they
are heavily reliant on non-renewables for industrial practices and economic growth. I
belive that it is time for governments to take action more seriously to push large
corporations to reduce their carbon footprint and run their operations with more
renewable energy.
Firstly, since fossil fuels have still been seen as the most cost-efficient sources of
energy, governments should impose stiff penalities on companies relying on this
power and offer tax incentives and favourable conditions to more eco-friendly
businesses. These policies will encourage the companies to rethink and adopt to
more clean energy sources such as nuclear and tidal power. This movement can
initially be a huge financial burden, but in long term the practice will benefit both
governments and corporations in terms of environmental protection and economic
development.