Humankind is heavily dependent on the natural resources in their day-to-day life. Fossil fuels are one of the most highly consumed resources. It is argued by many that, government should introduce taxation of the
resources while many others oppose
essay will discuss both sides of the
and draw a conclusion.
Assuming that the taxes are not imposed, the
of petrol, diesel and other fossil fuels will continue and burgeon with the increase in population.
may lead to the resources being exhausted completely. To illustrate, an article published in the Times now magazine states that, if the consumption of petrol in motor vehicle continue at the same rate, there will be no petrol by the year 2100.
has unfavourable outcomes.
, if the counterpart
about laying taxation is considered. The society may see the surge in usage of fossil fuel, but will
affect the motor vehicle sector immensely, which in return will reflect on the economic growth of the country.
might be a suitable option but, is not the solution to the problem in the long run.
, the government should
the taxes collected to fund its research and development department to develop a cost effective hybrid vehicle which can meet the need of the modern lifestyle, and as well, reduce the consumption of the
To conclude, the
to oppose imposing taxes has no base to it. Whilst by application of fuel taxes, and putting it to better
of providing solution to
crises will be of significant good for humankind.
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