Mr. Speaker, even a student in economics 101 would know the difference between a regulatory regime and a carbon tax. I am sure it is only because they want to fight Kyoto at any cost that they are so blinded and using this kind of argument.
I want to quote what the Canadian Fertilizer Institute had to say. It said that it was still the right thing to do for Canadian farmers. The same has been said by other industries like the mining industry. They want the word toxic removed from CEPA and they are comfortable using CEPA as a regulatory tool for greenhouse gas emissions.