Regarding the issue of the environment and cap and trade, we have a new president who not only agrees that there is something called climate change and agrees with the science--which is helpful--but believes that the way to deal with it is through this approach.
It's not clear at our end how we're going to deal with that. If we don't have a clear road map for cap and trade, from your data and the research you've done, what would the Americans do in that case? In other words, if we're not ready to dance with them, are they just going to go ahead and do it anyhow? And what will be the cost to us if we don't involve ourselves significantly with them?