No. I said that if a change had to be made over a 10-year period, then a high tax would be necessary as well. Over a period of 50 years, the maximum tax would perhaps be, within 40 years, $75 or $100 a tonne. Every Canadian's emissions would then be reduced considerably because of technological progress in anticipation of tax increases. The cost to Canadians would be much lower than that, having regard to technological progress and the threat of attacks that might increase. I'd even say that, in my view, energy consumption won't decline. It will cost Canadians less to make technological changes and to use forms of energy without greenhouse gas emissions, thanks to technologies such as emissions capture, than to reduce their energy consumption.
On November 9th, 2006. See this statement in context.