Thank you.
Indeed, there's been an impact already, at $80 per tonne. It is a cost to our business that many other jurisdictions in our marketplace, which we're competing with every day for the sale of steel, do not face.
It is imperative for us to recognize that we do not live in a system that's homogeneous. Different countries have different approaches, but our approach is putting competitive pressure on the steel industry. As I mentioned before in this Q and A, different sectors are at different stages of pressure. The steel industry is at the bleeding edge, if you will, of pressure under the carbon pricing regime.