The lead-time associated with upside in the semiconductor world is huge, sometimes as long as 26 weeks (supply is tight right now so this rule is in effect and Apple had major supply problems with the iPhone 4 and iPad).
Congestion pricing: The supply-and-demand rule in action, digitally.
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You simply write a rule that says that utilities must supply a certain percent of the market from renewable energy, no matter what the price.
Back to the first rule: in banking, the laws of supply and demand do not apply.
Apply the usual rule of thumb, where one megawatt will supply the needs of 500-900 average houses, and this run-of-river plant could serve as many as 2.4 million homes.
"To prevent further tragedies, long-term solutions must be developed to promote greater transparency along the supply chain, coupled with the need to ensure enforcement of the rule of law when it matters the most, " he adds.
In September, the EPA put forth a new Mandatory Emissions Reporting Rule that will require all facilities that directly emit or supply products or fuels that discharge more than 25, 000 metric tons of carbon dioxide a year to report those emissions by volume and source annually, effective January 2010.
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France and Britain are, however, probably excluded: the first because it had Mr Delors, and because it made such a fuss over the central bank, and the second because it has become an unwritten rule in Brussels that only a country in the single currency can supply the commission's president.
For that rule of thumb is largely composed of observations of what has happened in past supply shocks.
There is no hard-and-fast decision rule or trigger mechanism to which he or she must adhere in deciding whether supply conditions in the oil market justify an intervention.
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