According to Ms. Peace, representing the Pew Centre at our meeting last Tuesday, the North American emissions trading system will not be established before 2013-2014, according to the most optimistic of scenarios.
If so, how could we meet a 25% target? I know that we can implement other measures, but the idea of a carbon market is one of the main ones. In this sense, it will be practically impossible to reach the 25% target. I will ask my second question, and then I will hand over the floor to my colleague.
How can we be sure, if we are subsidizing companies for them to take on more energy efficient technologies, that this change would not have taken place anyways?