That's a tough question.
Again, to go back to the presentation, it's a multi-faceted challenge here, and those principles are a very important first step.
Having said that, one of the things that I think we will need to sort through is what exactly the balance is between policy and regulation on the pipeline projects, and also on energy writ large, but your question pertains to pipeline projects specifically.
If we have regulatory processes that by their design historically are intended to be evidence-based, neutral, independent, third-party assessments, but we also put on top of that at some level a set of principles, for some of which it's not entirely clear how they will be operationalized and at what level they'll be operationalized, and if we have an individual pipeline project move its way through the regulatory system, what does it mean, then, subsequent to that, that cabinet will consider the climate change impacts of that project? It's not clear to me what the balance then is between policy and regulation in the system.
I think another area that's going to be really essential—and I'd be curious to hear my counterpart witnesses' thoughts on this—is the integration of traditional knowledge into regulatory processes. In principle, and I think a very important principle, and again, a very important step, how one actually operationalizes that is a really important question. Some of this, from my perspective, really remains to be seen.
One of the things that governments can do at the level of policy and politics is set the tone. It has been a really significant shift that we've seen from the previous government to the current government. Another thing that governments can do—again, at the policy level, not the regulatory level—is consider the impact and the collective impact of projects overall.
Regulatory processes are meant to be responding to individual proponent applications for specific projects. That's how they function. One thing that governments can do at that policy level is step above that and say, okay, given the suite, as it were, of proposed projects that we have in front of us, how can we collectively or cumulatively evaluate those projects? What—