Mr. Speaker, when we talk about a review, I do not see any material difference between what we are contemplating here and, for example, the five-year mandatory review that is built into the Canadian Environmental Protection Act as a whole. That is something that was just completed at committee, which delivered up I think profound recommendations for change and improvements and enhancements to improve CEPA and how it is, for example, operationalized in the Canadian context. That is my first response.
Second, it is true that choices will be made. Investment decisions will be made. I have every confidence in the free market in Canada. I have every confidence in farmers. I have every confidence in investors and in companies that are going to be following this emerging market very carefully.
They know that investing in cellulosic ethanol, for example, and making a quantum leap into those kinds of feedstocks to generate the cellulosic ethanol is probably going to be a wiser and more intelligent investment than not.
It may take some transition time in some parts of the country. We know that cellulosic ethanol has much less impact in terms of GHGs and on the atmosphere as a whole.
I do have confidence that people will begin by beginning. They will start by starting and they will invest and they will build this sector. In 24 months, I think, we will be able to make a mid-course correction shot. We will examine it and we will make improvements.