ANWR (Arctic national wildlife reserve)

Created by: Hannah Jeffery
Created on: 19-01-15 12:30

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ANWR (Arctic national wildlife reserve)
- North east corner of Alaska
  - 1300 miles south of north pole
  - 19 million acres
    - site proposed for drilling is only 2000 acres
- 1980
  - $1.2 million put aside for oil and gas research
- For
  - decrease in oil prices
  - increase US energy security
  - large capability
    - 876,000 barrels a day
  - create 735,000 jobs
    - reduce unemployment
    - increase money generated from income tax
      - positive multiplier effect
        invested into education and health care system
  - $50 billion for the us economy
  - locals get paid dividends
    - sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).
    - $2000 a year
  - 78% of Alaskans in favour
  - fuel prices reduced by 1.2 pence per gallon
  - technological advancements mean that tundra wont be affected
  - Carabu herds have increased in number near oil areas due to an increase in food
- against
  - 500 oil spills per year in Alaska
  - suggestions that senators may of been bribed to get permission
  - no environmental consultation for the presidential report in 2001
    - bias from oil companies
  - cannot supply the whole of USA with oil
  - would only decrease USA's reliance on foreign oil by 3%
  - they could invest in a non fossil fuel
  - potential to worsen climate change
  - might pollute food chain and water supplies
    - increase food and water insecurity
- Obama has said no after the BP oil spillage disaster in 2010
  - 11 people died
  - 4.9 million barrels leaked into the golf of Mexico
  - 600,000 sea birds died
  - spill cost bp $41 billion

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ANWR (Arctic national wildlife reserve)

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