Thank you, Mr. Chair.
Thank you, witnesses.
It's pretty obvious to pretty well everyone outside this government that at some point or another carbon is going to have to be priced in some manner or another.
I'm looking at your chart, Mr. Heady, on page 19, where you talk about environmentally related taxes. If you flip that chart, you could pretty well chart Kyoto compliance, with Denmark and Norway and various other countries at the top end being fairly close to, if not Kyoto compliant, and the ones at the bottom end, being the U.S., Mexico, and us, not entirely Kyoto compliant. Probably the exception might be Japan.
Is that a fair observation?