Could I comment on this point? I think it's a very important one.
All of the points you've listed are fair enough. But what we're talking about here, and what I think is required, is a major change in the way our economic system operates. In my view, we are challenged by global climate change to basically reinvent the way we operate.
Current legislative circumstances mitigate, in my view, against innovation. Our companies, our corporations, because of the regulatory environment they do not face, feel no incentive to innovate. We have allowed them, because of the lack of legislative drive, to become Luddites, to live in the past. We've given them no incentive to create.
As my colleague John Stone has said, what we're after here, and what we should be trying to do in our legislative regime, is to have our country lead. And we're not going to do this without producing the incentives that only legislation can deliver. We don't want Luddites; we want creative companies that are world leaders, leading a society that also aspires to world leadership.
It's your job, in my view, as legislative people to produce the kind of legislative regime that will lead the country forward and have our companies create and innovate, rather than rest on their laurels, which is what many of our companies have been doing for far too long.