Thank you, Mr. Chair.
Mr. DeMarco, in your opening statement, you said quite a few surprising things, but I'd like to return to one item in particular. You said that you had also found that the department didn't always know by how much most of the companies taking part in the initiative would be reducing their emissions, or whether the funding granted would lead to reduced emissions.
That's pretty important. It's rather haphazard: Money is being invested but no one knows how things are going to work. How can that be?
Billions of dollars are being invested to help companies reduce their greenhouse gas emissions. The initiatives have to work. Otherwise, there's no way of determining whether they're working or not.
How is that possible?