You're absolutely correct. The Waxman-Markey bill has a program for the international reserve allowances required for countries and parties that do not have comparable greenhouse gas regulation. In the Waxman-Markey bill there is no flexibility. It comes into force and is applied to sectors that are considered energy-intensive, trade-exposed. I think that has implications for countries that do not have serious climate legislation.
As Canada is the U.S.'s largest trading partner, it could have implications for Canada. But I have to tell you I fully expect that Canada will have climate legislation. Canada has laid a huge amount of foundation to get there. It has done a lot of work engaging with the public and industry. The national round table has significant recommendations, and many of your provinces are actively engaged in the western climate initiative, the midwest climate accord.
Regional initiatives help lay the ground for a national program, and I do expect Canada will have one. If it had a national program that was considered comparable it wouldn't be subject to this international reserve allowance program, or the border tax measures, as it's commonly referred to.