We'll have more to say on that with our fall report, which will be our second report under the net-zero act.
I haven't seen anything yet from the government that has shown it has bridged the gap between its own estimation and the measures it had in place that were mid-30%. The gap between that and 40%-45% is its target. We also had concerns that even its calculations of getting to mid-30%, whether it was 34% or 36%, were overly optimistic assumptions. We weren't even sure that 34% or 36% was bankable, especially regarding the fact that we've had 30 years of plans and targets, and not one of them has been met.
As I said last week, that may be cause for the government to go for something a little bit more than 40%, knowing that each time it's aimed for a target in the past, it's come up well short. Even the last target, which happened to fall within COVID, was not met, despite the related emissions reductions associated with the economic downturn.
I haven't seen anything yet to indicate it has bridged the gap with measures that will add up to 40%-45%, based on reasonable assumptions. We'll have more to say about that in the fall with our second net-zero act report.