No, not necessarily, actually. If you look at the clean development mechanism and the joint implementation, there are all kinds of opportunities there that are not being seized right now, partly because the market is not getting the right signals from our government and others that there's actually going to be investment, that there's going to be a demand for those credits.
When that signal gets sent that we are in fact going to be participating in the international credit market, there will be a lot of other projects that will come on stream. And we're not talking about buying EU emissions trading. We're looking at the average cost for, for example, CDM projects or JI projects, and that cost, as I said, is somewhere in the order of $1 billion to $2 billion a year. And I have to put that into perspective a little bit.
Just last year alone, in one budget, the amount of money that was spent on the military was much more than that. On a per year basis, this is a small fraction of what the government paid in tax expenditures with respect to the GST cut, which is $5 billion a year. And in my mind, it obviously comes down to priorities. If it were up to me, though, my priority would be conforming with international law and dealing with the most important challenge that is in front of us, rather than getting a penny back on the daily newspaper I buy every day.