By the way, I was talking to the Chair.
I would like to raise another very good example, which is biofuel. In fact, when I talked about regulated emission limits and performance standards… More than $2 billion has been invested in biofuels, but we still know very little about their direct and indirect effects. The advantage of biofuels is that their carbon cycle is much shorter than for fossil fuels. With fossil fuels, we find carbon that was discarded several thousand years ago, possibly even several million years ago. The biofuel carbon cycle is a year or two—no more. But, ultimately, it is the exact same carbon that is emitted during combustion.
I want to talk about the cost or effects of Bill C-377, and especially clause 10, so that we are clear on the consequences of clause 10 for the Canadian economy, the people of Canada and the entire North American continent. In terms of biofuels, we are told that grains and plant material produced by farmers are now more expensive. Farmers are obviously happy about that. Recently, I was watching the news feature on Third World countries…