Ms. Gélinas, there is a ceiling in Europe. The cost of a tonne of CO2 is about $45. There are cycles, but that is more or less it. At one point, I even saw the price nearing $65. It all depends on participation in the Kyoto Protocol. If it increases, there will be a greater interest in buying carbon credits. Given what I have just said, the previous Canadian government had guaranteed business, if I remember correctly, that it will never pay more than $15 a tonne. Is that correct?
On October 3rd, 2006. See this statement in context.