Thank you, Mr. Chairman.
Mr. Dillon, I am pleased to hear your say that we can meet the objectives, but that from now on this should mainly be achieved through foreign investment. But it is nevertheless possible to meet these objectives. Mr. Bramley said that there were some very good projects abroad which we could invest in and which would significantly affect climate change.
There is the issue of cost, which is evaluated at a maximum of $20 billion over four or five years. It's a question of political will: is our future and that of our children worth it?
The government decided to reduce the GST by one percentage point. I'm not saying that it should have done this, but it could have, instead of reducing the GST, spent $20 billion, which would have been more than enough, over four or five years to meet our Kyoto objectives.
You said that we may not necessarily have the means to achieve this, but can we afford not to act on climate change beginning today, given the costs contained in Mr. Stern's report and the other costs related to phenomena happening here in Canada?