Mr. Speaker, I am not as knowledgeable on this matter as the hon. member. I can only indicate to him that as far as I know the emission trading scheme does not contemplate purchasing tonnage from Russia. It may apply perhaps to trading schemes with developing countries that might welcome that kind of trade.
I agree with the hon. member that the best application of our efforts should be in real reduction of greenhouse gas emissions by way of the initiatives that he mentioned, namely innovation, conservation and renewable resources. The emission trading scheme has been quite controversial over time and it has been accepted internationally. I think it is part of the Kyoto accord. However it has to be applied with a grain of salt.