Cook bacon and set aside. Once cooled, cut into small pieces.

Heat a large pot over medium heat. Add the butter. Add onions and carrots and cook until tender, about 10-15 minutes. Add chicken broth and let simmer.

Once the vegetables are soft and tender, reduce heat to medium-low and add heavy cream or half-n-half and all of the spices. Let simmer until it starts to reduce slightly.

Add the grated cheese in increments to avoid clumping. Let the cheese completely melt.

Stir in gnocchi and cook for 2 minutes. Taste for seasonings and add more salt and pepper as needed.

Add the bacon pieces. Serve with green onions, grated cheese, and bacon.