I think one of the most useful aspects of the new IPCC report is that it paints a clearer image of the impacts associated with 1.5°C versus 2°C. For many years, we have been trying to avoid 2°C, and while we were very aware that there were plenty of climate change impacts at 2°C, I think it was chosen as a rough benchmark for a point beyond which the risks of much more significant, even catastrophic, impacts were much more probable.
I think in terms of our efforts to reduce emissions, we're one player in the global scene to reduce emissions and do our part to get to a situation in which we're reducing the risks of very significant impacts on climate change. I think even before the report was completed, we were very much aware that there are plenty of impacts—and very costly and dangerous impacts—at 2°C. In fact, we're feeling impacts now at only 1°C and even more so in the north.
I think when it comes to our policy response, we're striving to reduce our emissions, in line with the Paris Agreement target of 30%, but we're very aware that that's only one step in the process and that we need to continue in order to drive down our emissions more fully.