Mr. Pineault, I wanted to thank you for an expression I have not heard before that I'm going to now use, “the government's environment denial”. I love that. I'm going to plagiarize it from now on.
The point you talked about was economic. Your third recommendation that you didn't have a chance to elaborate on talked about economic transition to a world without carbon. Mr. Carney, the Governor of the Bank of England, just a couple of weeks ago at the World Bank meeting, said that the vast majority of oil and gas reserves are unburnable because if we're going to commit to a global temperature rise of less than two degrees, that's inevitable.
You were getting at something to the same effect, with the carbon bubble analysis, that he and so many others have used. Have I got that right?