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are implemented?
Essay
1
On other hand, Europe has already been very cautious about industrial
production, with countries struggling to get rid of fossil fuels and phasing out
nuclear energy at the same time. This results in a rise in the prices of energy for the
consumers, unreliable energy imports from countries that are less troubled with
environmentalism (i.e. Russia), and inefficient renewable energy subsidies.
Another detriment is that people looking to find employment and entrepreneurs are
struggling due to crushing government environmental regulations and taxes. Thus,
responding to environmental problems has always been a no-win premise for the
managers. Help the environment, but damage your business, or inevitably harm
your business while protecting the earth. Recently, nonetheless, a new insight has
arisen, promising reconciliation of environmental and economic concerns. In this
new world, both business and the environment can win. Being green is no longer a
charge of developing a business; it is a catalyst for innovation, new market
opportunity, and wealth creation.
2
Secondly, the government can formulate sustainable development
strategies and use properly our limited land supply. Environmental taxes can be
used to address a wide range of issues – from water pollution to air emissions.
There are many successful environmental taxes in Europe. For example, Ireland
was one the first countries to propose a plastic bag levy. This resulted in a 90 %
reduction of plastic bag usage. What’s more, the money raised had been used to
help finance environmental projects. In 1994, Denmark introduced a tax on piped
water to cut down wastewater. The tax was 75 cents per cubic metre of water and
this endured a reduction of drinking water from 513 to 480 million cubic metres
between 1993 and 1995. Then in 2014, the tax was increased - once again resulting
in further reductions in water consumption.