You haven't said my riding name, though.
I would like to thank the witnesses very much for being here today.
There's a bit of a silly game that's being played since we came back from summer.
I'll ask Mr. Egan my first question. There are three ways to address climate change: carbon tax, which is to tax production, consumption of anything that has carbon in it; cap and trade, which is basically selling rights to pollute or emit greenhouse gases and can be traded, allowing large incentives for companies to decrease their emission of greenhouse gases; and the regulatory approach, which brings significant costs to companies and industries that are more invisible and are passed on eventually to consumers.
I've done some research, and I've seen that your organization is on record to support carbon pricing to allow for more predictability for future changes, but you don't have a stand on either carbon tax or cap and trade. Is that right?