Welcome, Mr. Layton. It's good to see you here.
Depending on how this goes, I may be sharing my time with one of my colleagues, Mr. Regan.
I would like to ask a couple of questions. To some extent, there is a relationship between a private member's bill we passed last year, Bill C-288, which referred to the monitoring of the Kyoto Protocol, and the kinds of monitoring devices that are contemplated here.
What's curious about your bill is a couple of things. First of all, it kicks into action in 2015. As we all know from watching the proceedings in Bali, the first Kyoto commitment period ends in 2012. What isn't particularly evident from the bill is how it builds on Kyoto. Why wouldn't you envisage, as people in Bali are now doing, that it would pick up in 2012 rather than 2015.