I noticed in the presentation of the Canadian Hydropower Association, on page 7, there was this phrase that says:
Investment in hydropower development involves long lead times—it is necessary to have knowledge of the target caps and the phase-in schedule of the targets as they become more rigorous over time, to facilitate timely investment decisions to achieve the targets. An important aspect of the schedule is the transition from intensity-based greenhouse gas targets to caps.
If we were ambitious, what date should we choose to make that transition from intensity targets to absolute caps?