Is it possible to construct, though, a case that is somewhat less cheery by going through the following calculations involving the government's plan?
Supposing we began by saying, all right, in 2010, companies that are covered by the plan can meet 70% of their obligation by paying into a technology fund at $15 a tonne. That would be a legitimate compliance mechanism. So it would not be inappropriate for us, in a worst-case scenario, to deduct 70% of the 49 megatonnes. We could do that and it would be legitimate under the plan. Is that correct, Mr. Beale?