Thank you very much, Mr. Chair.
I'd like to thank all the witnesses for joining us today and taking part in this important study.
Mr. McMillan, I'd like to go to you first.
I think you would agree with this and I'm curious to get your thoughts on it, but I don't want to put words in your mouth. In both of the previous panels we've had so far for this study, we heard that this cap should be a cap on emissions and not a cap on production, obviously to ensure that we're keeping our economy going and strong and providing good jobs.
I'd just like to get your thoughts on that.