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The idea – from Australian National University academics Frank Jotzo and Salim Mazouz – offers the government hope of meeting the long-term emission reduction targets it will promise in Paris and provides the energy sector with a solution to the problem of oversupply that has forced the mothballing or under-use of less polluting types of generation.
Worse, the extreme growth of investment during the financial crisis has added to the problem of oversupply.
Conant quotes an official from the National Golf Foundation for the proposition that "the problem of oversupply will fix itself once the industry loses some 1,500 to 2,000 golf courses". Conant estimates that, as a result, approximately 250,000-400,000 acres of open land will become available for other uses.
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However, it said land was restricted in these areas, and only 467 new properties were brought to market in 2015, protecting the area from any problems of oversupply.
But the declines are also a worrisome sign that the nation's housing market has begun to suffer from some of the same problems of oversupply that have already hurt manufacturers, economists say.
And while the valley's premium wines have escaped the serious problems of oversupply that have hit California's jug wine industry, some growers say they are beginning to sense that the market for the kind of premium, higher-priced chardonnays and cabernets produced here may be becoming saturated.
The problems of oversupply, and potential wastage have been documented in the response to the Oklahoma bombing [ 29] and the world Trade Centre attack [ 4].
Factory output contracted, and there was a deepening problem of "labour oversupply".
Mr. Otellini said that the company was continuing to take steps to alleviate the problem of an oversupply of NAND flash-memory chips, which drove down prices, but he declined to elaborate on the measures.
These bargains are now available in wealthy coastal cities and not just in smaller cities in the boondocks.Zhiwei Zhang of Nomura, an investment bank, acknowledges the problem of structural oversupply but still believes that recent policy shifts are the main factor.
With other biomedical research leaders, he also prodded the research community to discuss the problem of the oversupply of young biomedical researchers during flat budget times.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com