To keep the bloc on track towards its goal of providing 50% of electricity from renewables in 2030, the package will also bar coal-fired plants from access to "capacity mechanisms" that guarantee back-up power reserves.
The U.S. Government did create useful institutions to provide financial organizations with guarantees backing up loans private mortgage companies made to finance home purchases.
Much of its junk problem relates to guarantees backing up pools of assets like credit card receivables.
In exchange for a Palestinian state in the West Bank, Gaza and East Jerusalem, the Palestinians must agree to absolute security for Israel with ironclad guarantees backed up with surveillance systems to ensure that there are no violations.
Without net neutrality guarantees backed up by FCC rules (or maybe better yet, a federal law passed by Congress), there will be nothing to stop ISPs from striking deals to deliver content at varying speeds, depending on how much they're being paid by the website or content provider in question.
By contrast, a firm like Merrill Lynch has nearly $6 billion in guaranteed back-up credit lines and securities it could pledge in exchange for more credit.
From the mid-1990s, huge sums of money were promised to companies through guaranteed back-up credit lines to support issues of commercial paper, often without charge if no money changed hands at the time the credit lines were set up.
It shows proven quality via the established quality assurance scheme (transparency of the results), makes it easier to integrate the customer and provider systems, and guarantees back-up in the case of a temporary shortage of personnel.
In most cases of new construction, even in economically humming regions, the private sector won't take full risk; state governments must have the bonding capacity to issue some sort of minimum revenue guarantee to back up private sector investors.
Hundreds of billions in guarantees to back up money market funds and to guarantee bank deposits.
"For us it's huge, because obviously we want to progress and if you go down there's no guarantee of coming back up".
