Thank you very much.
Mr. Stephen, you talked a lot about bioproducts and biofuels in your opening statement. The Standing Committee on Natural Resources did a study on energy two or three years ago, and we heard from witnesses on the subject of biofuels. Generally, what they told us was that, without carbon pricing, developing a market for biofuels would be tough, because they cost a little more than other types of energy.
In your view, then, is there a future for biofuels without carbon pricing?