I want to turn that example into where we should be taking the Kyoto Protocol. If we were following the Montreal Protocol model and trying to reintroduce that to the Kyoto process, we would be sitting down with the United States, Europe, and Japan right now and asking them to bind to a common market aluminum product standard. We would regulate that anybody who sells aluminum, imports aluminum, or makes aluminum in our common market must account for the emissions associated with aluminum's production, regardless of where it's made in the world. And to legally sell aluminum in Canada, the emission intensity of what you would sell here in Canada, in the United States, and in Europe would have to be below .4 tonnes of greenhouse gases per tonne of aluminum. At that point in time, we would finally have, for the first time, levelled the playing field. We could now attract investment to aluminum plant upgrades in Canada instead of losing it to the countries that have cheaper, higher-emitting electricity. That's a fair global level playing field.
On November 27th, 2007. See this statement in context.