the green tariff has a hundred omega watt participation, that hundred mega watt is all right under pnl. pg & e. i don't know what pg & e is propose inside the green tariff program. >> it would be challenging for us to be competitive without the local build out? >> dpengd -- depending oh what you mean by competitive, we that rate and still have a lot left over for local build. i can guess what the numbers would be, but they wouldn't be accurate right now. >> okay. if i can add to that commissioner breed. >> i think what i'm hearing you ask is if it would be renewable. we would both be a hundred percent renewable. they would have a higher percentage of the bundles of the premium renewable products, but we would be constructing local renewables and their program while it envisions construction but it would impact the local economy like the program would. >> i appreciate that. that makes perfect sense and i just wanted to make sure that we are getting all of the information we need because i would like us to figure out a way to be more aggressive to provide this program, bought the provide

around a comparable comparison because we are talking about a hundred percent versus the potential rate pnl would -- pg & e would charge for percentage. >> are you talking about the rate pg & e proposed? >> yes. last year pg & e filed for a green rate and there was a settlement reached by a number of parties. that has been on hold pending the legislature's consideration of sb 43 which the governor has not signed, but it passed both houses. we expect based on pg & e's statement to the media that if the rate as proposed were to be adopted by the puc, in january or later, that rate would be about, well we originally thought it would be 11.5 cents because pg & e based that rate on which it would calculated would be going up by a penny in january. >> that would be what percentage of clean products for that particular amount? >> the settlement proposes that that portfolio would be a hundred percent bundled renewable resources. not with new resources but

there are people who day trade still, who trade in and out and many of those folks seeing their pnlsiolently as mine did because, of course, the equity option exclahanges were forced shut down. basically could not dissimilar nate bids, offers, and last trades. if you can't get the quotes out, then they did the right thing. took them ten minutes to shut it down. a number of exchanges took it upon themselves. many have come out and said what the problem was, melissa. that's something that is discouraging. hundreds of thousands of option contracts lighter than normal volume today. and one of the prime kaucauses that is from almost 25 minutes, bottom of the hour, until 1:55 to 1:57 eastern time we had a disruption in trading. it became an outright trading halt. that is not good for investor confidence and certainly not good following on the heels of the two outages. >> it's not good for investors who wanted to hedge their positions via the options. and we saw the spill over effect. >> and that time period that dock mentioned, the futures sold off five handles. that's what we saw right th