Madam Speaker, I have a comment to which the member can respond. We touched several times on the topic of tradable credits tonight. The member for Sherbrooke mentioned that in his speech. He said that tradable credits are new and are just starting to be traded, even though they were traded as long ago as 1990 in the United States at a time when he was Minister of the Environment.
There is something missing from the equation in our business cycle, that is, the costs of polluting. Often we do not try to put a number on that. This is the problem with industrial structure. We do not have a cost of pollution. The notion of tradable credits allows us to recognize there is a cost to pollution which requires companies to buy these credits.
Some interesting things have happened recently in the United States. These credits are now traded on the Chicago Board of Trade. Environmental groups like Greenpeace are buying them. They are removing these credits which limits the ability of these companies to pollute. The object of the exercise is to give companies an incentive not to pollute by developing new technologies to reduce their emissions.
What does the member think about that kind of concept?