IELTS Free Online Writing Practice - Is carbon trading an effective strategy reducing emissions?
IELTS.WORK Free Online Writing Practice # 1712491745
Topic: "Is carbon trading an effective strategy for reducing emissions?"
Model Answer:
Carbon trading has emerged as a potential solution to the increasing problem of greenhouse gas emissions, which are primarily responsible for climate change. The effectiveness of carbon trading as a strategy for reducing emissions, however, depends on several factors including the design of the market and the commitment of nations and corporations involved in the scheme.
In theory, carbon trading is an effective mechanism because it places a financial cost on carbon emissions, thereby incentivizing industries to reduce their emissions. The cap-and-trade model, for instance, sets a limit on total emissions and allocates allowances among polluting entities. Companies that are able to reduce their emissions can sell their excess allowances to other companies that find it difficult to stay within the cap.
However, the effectiveness of carbon trading is contingent upon several factors. Firstly, the system must be designed in a way that ensures that the total quantity of emission rights is less than the total emissions of all participants. This is critical because if the total amount of allowances exceeds the total emissions, then the market would not incentivize companies to reduce their emissions.
Secondly, the system must have an effective monitoring and enforcement mechanism in place to ensure that the companies do not overstate their emission levels. Without such a mechanism, companies may find ways to manipulate the system and continue with their polluting activities unchecked.
Lastly, carbon trading will only be effective if all major emitters are part of the scheme. For instance, if developed countries implement carbon trading but developing nations do not, then the emissions reduction would be negligible as a significant portion of global emissions would remain unregulated.
In conclusion, while carbon trading has the potential to be an effective strategy for reducing emissions, its success depends on several factors such as the design of the market, the monitoring and enforcement mechanism, and the commitment of nations involved in the scheme.
Overall
Band Score:
8.5
Task Response:
9
Coherence and Cohesion:
9
Lexical Resource:
8
Grammatical Range and Accuracy:
9
Source:
https://www.ielts.work/?id=1712491745&page=ielts-writing-practice

For more:
https://www.ielts.work/?page=ielts-writing-practice
