I think in five years' time, people are going to wonder why we thought we would be negotiating international quota assignments at a UN table. That's like saying we're all going to go to a table and agree not to produce any more cars until we agree to an international quota allocation that our competitors agree to.
I think the problem is the structure. I think if we went to the table and said we should all agree to some new product standards, greenhouse gas emission fuel cycle product standards for electricity, natural gas, gasoline, and diesel, and we should sign a treaty around our commitment to jointly implement those product standards, then we could all make a very robust derivatives market out of those commitments, and now we have a fair and free international treaty.