We have huge leverage, because you're looking at a global market with 160 countries and only three buyers. Everybody out there is crying for us to get into the market, because they have nobody to sell to but us. There's no market if we're not in it, which means we can reshape the market to make it a valid greenhouse gas market.
Through the back door, I want to respond to you and have you kick this over to Mr. McGuinty. The situation that you just outlined is the whole reason that other experts agree with me that cap and trade is not it. You might invite them to be witnesses to testify. They include Alan Greenspan, Dr. Robert Shapiro, and Governor Arnold Schwarzenegger, who signed a bill in December that says no cap and trade, but product standards, product standards, product standards. The first people to reject cap and trade and to introduce product standards as the leading environmental regulatory strategy were Governor Bill Weld and Paul Cellucci, then lieutenant-governor.
If you're in Massachussets or California, they are going to stipulate that if you sell gasoline in one of those states, you account for your emissions and you comply on a retail level. Cap and trade may come in later, but to do cap and trade without a product standard is the same as having an ultra-low-sulphur diesel regulation that says refineries must refine and make low-sulphur diesel, but gas stations can still sell high-sulphur diesel. You put a product standard in first, and that's the same as saying gas stations must sell low-sulphur diesel, so that when the refiners are compelled to make low-sulphur diesel, they have someone to sell it to.