Question

There’s a long-running debate in government on whether or not we should allow oil-drilling and mining in the Arctic National Wildlife Refuge. If you’re not familiar with this at all, please google it and get a broad idea of what the debate is about. Reflect on this issue, and suppose that you’re asked to draw a production possibilities curve (PPC) to illustrate clearly the conflict between the two sides of the debate. What would you put on the two axes of the PPC? Briefly explain where each camp in the debate would want to be on your PPC.

Answer 1

The debate concerns with environment vs oil production in artic. The area is environmentally highly sensitive. I think it is better not to drill there since hardly any area of earth has not been affected by pollution. Ultimately we have to find renewable sources of energy as even artic resources will not be sufficient to meet our needs. So it is better to save artic and concentrate on alternative resources