Thank you, Mr. Chair.
Good morning to everybody.
Dr. McKinney, I'm really interested in the concept of adaptive regulation. We all like to work on the basis of the best available information, but the ocean is deep and mysterious, and everything else. Quite often we have to fall back on the precautionary principle that if we don't think we should do it, we shouldn't do it.
Where's the balance there? Is the precautionary principle used as a crutch because we simply will never have enough science to act?