Then if you add in the value of all of the tax, the benefits paid out, then add in again all of the government services (in the UK including health as well as education, defence and so on) the actual gap in consumption possibilities falls to about 6 to 1.
This gap in energy consumption between developed and developing economies will continue to drive growth in the global energy sector and GE by virtue of its strong presence in this sector will continue to benefit from this growth.
The Liberal Democratic Party (LDP) and the newly installed Minister of Finance and Economy, Mr. Yosano, has been fairly consistent in wanting to retain the insurance structure of the pension scheme, but has been willing to tap consumption tax revenues to fill part of the funding gap.