I'll go first on this one. I had some answers to the other one, too, but we all have to take turns.
As I said in my testimony, when we saw that the Americans were going to a cap-and-trade approach, we recommended that the Canadian government do the same. It looks like that's what the Canadian government is doing. The government has increasingly emphasized the fact that its 2020 target is an absolute target. The intensity target was, as we understood it, an interim measure along the way to getting there. And it looks like that interim measure's time has really passed. That's our understanding of where the government seems to be going. That, to me, was reinforced by the article by Minister Prentice that was in the paper yesterday.
We agree that it is important that we be able to trade with the Americans. That was one of the main reasons the Canadian Chemical Producers' Association recommended that we adopt a cap-and-trade approach in Canada, because trading with the U.S. is essential.
Your other point about the difficulty industry is facing with all these measures happening in the provinces is a valid point. We are worried about that too. Again, our hope is that once we end up moving forward at pace with the Americans and have a national approach in Canada, that will be folded into how Canada approaches things, just as the U.S. states are probably going to give way to the overall American approach.