Well, you're actually being a little too forward, sir.
Let me get to the question for you. You said a carbon tax was preferred. Can you help us understand why a carbon tax is preferred, rather than a cap and trade system? Can you please weave into your answer your reaction to the government's announcement that there will be no participation, by this country, in the international carbon markets? Not hot air, and not the fallacious, distorted misinformation going out about hot air, but there will be no participation under the CDM or JI, according to the government. There will be no carbon tax in this country.
So you want to talk about policy-making; you want to talk about what would be realistic policy-making. Give us an understanding, as an economist, of what you know now. Can you help us understand why the government would say this?