Thanks, Chair.
I'll try to be quick, because I have only five minutes.
I thank you both for being here.
Minister Wilkinson, you're always generous with your time, but in my six and a half years on this committee, I don't recall a time when two ministers have appeared at the same time, so this is a very special occasion.
First, could both of you please tell the committee how an emissions cap will create regulatory certainty in a way that would not only incentivize innovation but also support emissions reductions?