As concerns manufacturing, let me start.
The advantage to respecting Kyoto as an international agreement is that it sends a signal of earnestness and good faith to the rest of the world. If the rest of the world doesn't reduce their emissions, there's no point in reducing ours. Whether we can meet the Kyoto targets as we negotiated them, I think there's broad consensus to that. The only way we can do it is to buy offsets offshore. The advantages of buying offsets offshore is that you would get some reductions in the emissions going into the environment, and of course it's a global thing. It would speed up the adoption of environmentally preferable technology in developing countries.
The disadvantage is that you don't get any co-benefits for Canada. When you reduce emissions in Canada, you also reduce air pollution and you increase efficiency. In our industry, we reduce what goes to landfill. So maximizing our efforts in Canada makes sense not just because of its climate change impact, but it makes sense because Canadians get the benefits of everything that comes with addressing greenhouse gas emissions, cleaner air, less stuffed landfill, more efficiency, less water pollution. It's an overall package.
If you think in terms of the longer-term sustainability of the political will to deal with it, we have to accept that Canada has less than 2% of the emissions and is a major recipient of the impacts of climate change. So giving Canadians the immediate benefit of the co-benefits while we are making our contribution to the global thing makes sense.