As was stated earlier, and the minister indicated this in Bali, Canada needs to strengthen its domestic plan to reduce greenhouse gas emissions, and a number of experts have stated that it will be very difficult for Canada to achieve its targets with the current policy framework that's been put forward.
I'm not promoting myself as an expert in public policy, but I think it's clear that Canada will require a significant investment in energy efficiency improvements, in standards and guidelines that are going to dramatically improve the efficiencies of our vehicles and fleets, our appliance standards, and houses and buildings. We're also going to need to have an aggressive renewable energy plan and ultimately put a value on carbons. I'm not proposing taxes, but I think that until the emission has a value—it's currently valueless—it's going to be very difficult over the long term to reduce emissions to the level that's going to be required to meet the 80% reduction by 2050.