to the government a price mechanism which will be based on what they suggest is a government subsidy scheme. what are they proposing? wholesale prices currently represent around 40 45% of the typical household energy bill. so the approach the customers that make companies are putting forward as an attempt to control that. underthe control that. under the proposal the wholesale control that. underthe proposal the wholesale price of gas and electricity will be agreed in advance and the price will be set for a given period such as one year, six months, and that will be benchmarked against the prevailing traded wholesale market prices on a day to day basis. if the prevailing price rose above that level than the government would have actively supply the difference meaning that the immediate cost to customers in their bills would not increase and supplies would be insulated from that wholesale price rise and that would work inversely as well. if the prevailing price fell below the agreed le
right this is not a market, this is an unfair government subsidy scheme. for the people on the left, they actually agree on this issue, but it didn t come together in the dodd/frank legislation to turn into something concrete you could implement. simon, thank you very much. everyone, read this book, 13 bankers it s a critical book. gecko: are you ready for your talk, sir? boss: just going over how geico helps people save in even more ways. .with good driver discounts, multi-car discounts, defensivdriver discounts. boss: just going over how geico helps people save in even more ways. woman: you! oh, don t act like you don t recognize me! toledo, 03?
broke up standard oil, so what happened, the individual parts became more valuable than the hole, maybe that s what we need. this is quite sounds like a liberal democrat talking, about breaking up standard oil. but had no political traction in washington? it hasn t so far, i would emphasize, elliott that the right and left agree on this point, for the people on the right this is not a market, this is an unfair government subsidy scheme. for the people on the left, they actually agree on this issue, but it didn t come together in the dodd/frank legislation to turn into something concrete you could implement. simon, thank you very much. everyone, read this book, 13 bankers it s a critical book. it s time for our political n soy complex and natural minerals give you sheer coverage instantly, then go on, to even skin tone in four weeks. new aveeno tinted moisturizers.