Briefly adding to that, there is a range of policies that countries adapt and there are political economy challenges sometimes with carbon pricing policies in some jurisdictions, despite the fact that, overall, it's economically a very efficient way to reach targets. For example, you can see in the Inflation Reduction Act that the use of tax credits is by far the predominant approach. That's only one approach. Other countries will take other approaches.
On March 21st, 2023. See this statement in context.