As to the carbon market, the doomsayers would be tempted to say that the European experience proves that such a market does not work. You were one of the groups that developed this market which is much to your credit.
The problem in this case is not necessarily with the system per say but rather with the way allocations were managed over the past few years. What have you done so far? What do you intent to do so that, through these allocations, we can get a fairer price and have an efficient tool to meet the greenhouse gas emissions reduction targets? Could you give us an example that we could apply to the development of an efficient North American market?