Sentences with phrase «potential economic boon»

But on the other hand, we here have to balance that fact against a compelling development argument: agriculture of high - margin organic produce is a potential economic boon for many people in developing countries — which also can diversify their economies and to do so in a (locally) green way.

But he banned natural gas hydrofracking, which many (mostly Republican) upstate politicians touted as a potential economic boon.

The move froze out the Southern Tier region, however, and the announcement coincided with Gov. Andrew Cuomo's administration moving to ban high - volume hydrofracking, a controversial natural - gas extraction process that was seen as a potential economic boon to the region.

The process, which involves blasting a mixture of chemicals and water underground in order to extract gas underneath, is seen as a potential economic boon for the upstate region, but environmentalists fear it could damage public water supplies.

In addition to revenue generated from taxes, there is also a potential economic boon based upon the creation of thousands of legal sports betting - related jobs and millions of tourists that are sure to flock to the bars, restaurants and local establishments in the surrounding areas.