Modelling itself is not completely invalid. We use models in a variety of ways. It's about the assumptions you put into those models. If your assumptions are about things the market has not seen, like technologies that have not yet been deployed at scale where the underlining economics have not been realized and proven out, you'll potentially face a huge gap between what your model is predicting and what the reality on the ground is going to be.
This has been carried through in a variety of policies we've seen at the federal level. It has had the result of untethering us from what's actually happening globally. Many countries, like Canada, that are pledging to be first movers on climate action, are instead having a very stark and sobering realization that the decisions based on these unreliable models.... Not all of them are unreliable, but the ones that are—and I believe the ones we're looking at in this case are—are not going to deliver results, neither on emissions reductions nor on economic clarity, certainty and a climate that allows us to get the economic benefits we want from our economy and productive industries.