Regulations often serve a purpose, so it's not costless to get rid of regulations. First of all, it takes a great deal of time and energy to look down and ask, “What was the purpose of this regulation? How do we serve this purpose but allow the investment in business that we need?”
For example, methane regulations are very important because methane is much worse for the environment than carbon. Perhaps there was a reason why we couldn't recover fishing nets in the past, but maybe we haven't kept up with the changing technologies or how things happen. I think there are two reasons here, and there is also, obviously, getting the layers of government to work together. What stick does the federal government have to get the other levels of government to co-operate?
I would say that amending regulations is not costless. It takes a lot of time and energy, public sector manpower, and consultations on our part as well, to come to the table and tell you what you need to change. That takes a lot of resources on our part. That's one reason why that hasn't happened.