In some cases, it's just a clear example of vested interest. If you, for example, are a natural gas manufacturer, you don't want government subsidies or mandates for heat pumps.
In other cases, it's part of a broader push-back against regulatory overreach, where you're lumping together things like the industrial carbon tax, which is an efficient instrument, with an oil and gas cap or the consumer carbon tax, which I agree with, that had impacts. You're putting them all together in one big bundle and saying, “We hate it all.”
I'm not going to try to offer a rational explanation for it. It's a short-sighted interpretation of competitiveness and where the market is headed.
