Dr. Hyndman, if I were the government, I'd be getting impatient with myself at this point, after 46 months of dialogue with industry, which came upon the previous three years of dialogue, which was leading somewhere...and which is going on with the dialogue with the Obama administration.
I would invite you into my office, if I were the government. If I were a minister, I'd say, okay, you're an economist and you have your econometric models, so what target can you live with? In which case you'd say, well, it all depends on what the other sectors would have as targets and what the U.S. would have as a target and what Europe would have as a target.
The picture I'm getting is that you say you'd like some certainty, but certainty appears very elusive. It's almost like nailing mercury to a wall. There will never be certainty in a world of 160-odd nations each driven by their own politics.
So I guess what's frustrating to me is that after all this talk, no one is coming to say to us, okay, this is a target we can live with. You're even saying that the government's 20% target by 2020 is too stringent.
What are we to make of all this? How can we progress on this bill when people aren't telling us what they want?