First of all, I want to thank Mr. Murrow for his comment about the need to move on in setting the targets and then to get on with the details. Certainly my party has been pushing for that, to finalize and get this bill that we're reviewing and that you're speaking to today into the House, so that we can get on with the details. Thank you for that comment.
Thank you, all three of you, for participating. I wish we could have a lot more time with you, because of course we have a thousand questions about what's going on in the United States.
I have a question for Dr. Peace and Mr. Murrow. You both mention in your briefs your work on the economic impacts of climate change. The ENE brief talked about that quite a bit, but the Pew foundation also talked about the economic impacts of climate change. I wonder if each of you, starting with Dr. Peace, could talk in a little more detail about the work you've done in showing the pros and cons of acting early on climate change, and what the relative impacts are of business as usual versus timely action.