I think he was quite clear, in his testimony with you, in outlining the position that Canada has put forward at Copenhagen relative to our mid-term emission reduction commitments and the approach that we are taking in going about that. I'm happy to come back to that and to walk through it with you.
As for legislative developments in the United States, just to clarify a couple of points that you made, the Senate committee is not seized with the Waxman-Markey bill, as you indicated. The Waxman-Markey legislation was passed in the U.S. House of Representatives. The legislation that has been put before the Senate is entirely different. It is the Kerry-Boxer bill, and it is quite a different piece of legislation. I don't know if you've actually read Waxman-Markey or not. I have. You might want to focus your attention on Kerry-Boxer, because it is the current state of play in the United States.
That piece of legislation proposed a cap and trade system. It is unclear at this point whether it will pass the United States Senate. It is unclear when it will pass the United States Senate. It is unclear what form it may take.
In addition, with respect to the United States and our desire to harmonize, as this relates to our trade-exposed industrial sector, which comprises the base of the Canadian economy, there's also action being undertaken in the U.S. by the Environmental Protection Agency--