Thank you. That's another great question.
Having something that steadily rises and is predictable is one of the best tools the government can use to encourage business investment. People and business leaders like certain things. Sometimes it falls in their favour and sometimes it's a little bit out of favour, but having that predictability allows them to plan and adjust for that.
Having a steadily rising carbon tax tells everybody that we're putting the price and the social cost of conventional fuels onto the cost of that fuel, but we're not doing it so quickly that Canadians will be hurt by this carbon tax. This gives other folks who are in the production or blending part of the economy the time and the foresight to see where they will break even or where their fuels become cost-effective. In doing so, you help create a thriving renewables industry.