More than 200 cities applied and offered Amazon millions of dollars in economic incentives and tax breaks. Amazon said the company could invest over $5 billion and the offices would create up to 50,000 high paying jobs. The announcement came a year after the company announced it would accept proposals from any North American city who wanted to host the headquarters. In November 2018 the online e-commerce company Amazon announced it would be building a second headquarters in New York City and Arlington, VA. Should cities be allowed to offer private companies economic incentives to relocate? Proponents argue that fracking is important for energy independence and blocking energy development locally simply outsources it somewhere else, often with much greater social and environmental consequences. Opponents of fracking argue that it uses toxic chemicals and negatively effects human health. Since the EPA does not have the authority to ban fracking many observers see the agency’s designation as a threat to shut down the U.S.’s largest fracking operation. In June 2022 The Environmental Protection Agency announced that it may deem parts of the Permian Basin in Texas and New Mexico in “non-attainment” with its ozone standards. oil production and is currently the most productive oil shale reserve in the country. The Permian Basin accounts for 43% of U.S. While fracking has significantly boosted oil production, there are environmental concerns that the process is contaminating groundwater. Water, sand and chemicals are injected into the rock at high pressure which fractures the rock and allows the oil or gas to flow out to a well. Opponents argue that the bill lacked funding for natural gas and nuclear energy which are more reliable and cheaper to produce.ĭo you support the use of hydraulic fracking to extract oil and natural gas resources?įracking is the process of extracting oil or natural gas from shale rock. Proponents of the bill argue that it encourages business and individuals to adopt renewal energy and move away from fossil fuels. It gives a $7,500 tax credit for purchasing electric vehicles, although with conditions that could make it hard to qualify.
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The bill also included credits to help factories retool to turn out electric vehicles and awards tax credits to help homeowners upgrade their homes with more energy-efficient products. In 2022 Congress passed the Inflation Reduction Act which included hundreds of billions of dollars in subsidies for investing in renewable-energy projects and producing energy from renewable sources. In politics the debate over global warming is centered on whether this increase in temperature is due to greenhouse gas emissions or is the result of a natural pattern in the earth’s temperature. Global warming, or climate change, is an increase in the earth’s atmospheric temperature since the late nineteenth century. Should the government increase environmental regulations to prevent climate change?
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