With your permission I will answer in English.
When we talk about technology, it's not exclusively about inventing new systems or new processes; it's about deploying, in many cases, the technology that already exists.
For example, there are alternatives to dirty coal in terms of generation. You can bring in demand-side management initiatives. You can bring in energy efficiency and conservation initiatives. You can bring in renewable power. You can bring in nuclear power. You can bring in micro-hydro, biomass, and large-scale hydro.
There is so much that can be done that exists today, but it does take time to do it. For example, a new nuclear plant will take 10 years to build, 10 to go through all the processes. And that's not unique to Canada. That's why the coal-fired plants...there's no nuclear plant being built in Ontario, so they actually won't be able to close them before 2014. It could be 2017, if the starting pistol went off today.
A high-efficiency natural-gas-fired plant can take five years to build. In northern Manitoba, the Conawapa expansion, which I am very supportive of, could take 10 or 12 years before it is fully up and running. The tidal power off the coasts of New Brunswick and Nova Scotia...you can't just flick a switch and turn it on today. If New Brunswick chose to put another reactor by Point Lepreau, again, it's 10 years.
Rehabilitation of nuclear takes a substantial amount of time, and many of these can be very costly. We hope the technology fund would help to enable investments to be made, to actually lead to real reductions. And if we just buy all the credits today, we're going to have that same problem on January 1, 2013.
I think one of the fundamental principles of Kyoto is that action should be based domestically. The European Union, for example, is saying to one member country, I understand, that they shouldn't look at any more than 30% from international credits. The object of the game here is to reduce greenhouse gas emissions at home. And we can get a great advantage, a great economic response, by making those investments here.
But it isn't going to come in eight months. A carbon capture and storage pipeline, for example, would not be up and running, and we wouldn't see the economic benefits of it for at least five years. The economic benefits of expanding other energy sources don't happen overnight. I wish you could just flick a switch. That's why it's essential that we get started, that we get these new technologies deployed. I think what's good about the technology fund is that it's capped and it goes down. It's not an unlimited amount. It's essential that we get on with it and get those investments made so that we can clean up our act.