President George W. Bush gave tax credits to energy companies to

A) give consumers more money to spend.

B) give investors more money to invest.

C) encourage the employment of guest workers.

D) increase production of fossil fuels and nuclear power.

Question

History

Keyon Chung

15 February, 07:10

President George W. Bush gave tax credits to energy companies to

A) give consumers more money to spend.

B) give investors more money to invest.

C) encourage the employment of guest workers.

D) increase production of fossil fuels and nuclear power.

+1

Answers (2)

Know the Answer?

Greene · Answer 1

D. increase production of fossil fuels and nuclear power.

Esmeralda Craig · Answer 2

When President W. Bush took office on January 20th 2001 he wanted to change President Bill Clinton energy policies. President Bush started by given extended tax credits to fossil fuel companies to begin explorations in new areas of the U. S. which have been declared unavailable by the previous administration. Answer D is the correct choice.

Environmental groups were very upset by this decision which according to them was set to destroy many pristine areas, where wild life was protected.

With these decisions the energy industry was able to gain billions of dollars in tax-credits and subsidies. At the same time, more public land was made available by the Interior Department's Bureau of Land Management to the energy companies to begin oil and gas exploration.

President George W. Bush gave tax credits to energy companies toA) give consumers more money to spend.B) give investors more money to invest.C) encourage the employment of guest workers.D) increase production of fossil fuels and nuclear power.

President George W. Bush gave tax credits to energy companies to

A) give consumers more money to spend.

B) give investors more money to invest.

C) encourage the employment of guest workers.

D) increase production of fossil fuels and nuclear power.