(c)in 2006, more than 30 % of electricity was produced from a single fossil fuel, and the GDP per capita at market price did not exceed 50 % of the average GDP per capita at market price of the Community.

That's the basis for suggesting a change in the escalator provision, to change it from the 3.5% set out in the bill to an amount that is based on nominal growth in the GDP (1545) We're suggesting that it be done on the basis of a three-year averaging, knowing that medium-term growth projections suggest that nominal GDP growth can be expected to be in the 4.5% to 5.5% range. So you can see that it would represent a significant increase, but we believe, given the surplus of the federal government presently, it's something that is realizable and helpful in terms of our obligations under the Constitution and generally to ensure equality of c ...[+++]ondition across the country.

1. Gross national income at market prices (GNI) and gross domestic product at market prices (GDP) shall be defined in accordance with the European system of national and regional accounts (ESA 95).

Step (a): by attaching current market values to contracts (mark to market), the current replacement cost of all contracts with positive values is obtained.

Currently market prices are significantly below the proposed level of the basic price.

Right now, the market is about $87, so it is moving within the parameters and constraints of a closed border.