Mr. Julian, you're misrepresenting what the President said and what the Europeans said.
The President was very clear in his comments about Keystone. He raised one critical criterion, which is that he didn't see it would be in the U.S. national interest to approve that project if it would result in a significant net increase in greenhouse gas emissions. It does not. I can talk about that issue.
I can also talk, if you want, about my recent visit to Europe where I met with many of my counterparts to discuss the flawed and unscientific fuel quality directive and the movement on the part of many European countries to see that directive change so that it reflects science in an objective way. We had an excellent reception.
Let me just say that we have a record to be proud of. We have strengthened our position in clean energy and clean electricity generation by becoming the first major coal user to ban construction of traditional coal-fired electricity units. We have passenger vehicles and light trucks emitting half as much GHG as 2008 models. We have decoupled economic growth from the increase in GHG emissions. Since 2005 our emissions have decreased by 4.8% while the economy grew by 8.4%. As a result of the collective actions to date by government, consumers, and industry, Canada is estimated to have reduced its projected 2020 GHG emissions by 128 megatonnes relative to where the emissions would have been without action.
So we have a lot of accomplishments and a lot to be proud of.