I think there are two things I would say in response. First of all, industy has to live with a lot of uncertainty on the exchange rate side, and also on whether the contracts are going to be there for them to sell the product. A characteristic of the operating environment of the conventional energy industry is that there are these elements of uncertainty. It seems to me that policy should aim not to worsen the kind of uncertainty framework that industry has to deal with.
That said, I do think that it's important to give clear signals. I do think there is a role for public sector investment in research and development. I think all of us have said similar types of things. But I also would like to point out that Alberta has completely revamped its energy regulatory practices in the last decade. It has done so consultatively, but it has done so because the realities of the industry will change as we move along. Policy and regulation must keep up with those changes.
I'm making the point that if we're putting in place something that will not change for the next 15 years, it would be a bad idea. We need to make sure that we stay at the forefront of the needs of both consumers and producers, and Canadians more broadly. That will require some adjustment as we move along. I would say, look at Alberta as an example of where those types of changes have occurred over the last decade.