It seems to me that in the case of Europe it is less an issue than it is in the developing world, where they haven't had a cultural tradition, or an economic ability, or a regulatory history that equips them to deal in some of these areas.
Mr. Sinclair said it would impede ability to protect the environment. I'm not aware that governments are abandoning their ability to regulate in the environmental area. If people were regulating as a market-protecting rule rather than an environment-protecting rule, then I could see where that would be challenged. But I would have thought that all levels of government would have an ability under an investment accord to continue to protect the environment as they see fit. I may be missing something, and I could well be.