In terms of the European CO2 standards to which you refer, and we call them greenhouse gas standards, because our companies already have production in Europe, they must abide by the rules in Europe.
In North America a huge transition is now under way. We are already more stringent on smog-related emission standards than Europe is. This comes about from the fact that we actually harmonize our standards between Canada and the United States. We are world leaders when it comes to smog-related emission standards. The new CO2 standards, the current ones and then from 2017 through to 2025, will be unprecedented in their stringency.
As we already have production in Europe, we have to meet their standards. That's the way it is. There is great debate in Europe now about making those standards more stringent. Whether that happens or not remains to be seen. Certainly in North America we are not debating it; it has already been determined that we are going to be moving to much, much more stringent CO2 standards for vehicles.
In the end, the idea would be to have global standards where all vehicles would meet essentially one standard that would be acceptable in all jurisdictions. That would be the ultimate objective, but one which is very difficult to pursue in a short period of time.