Mr. Speaker, the government's plan is quite clear, and that is to search out a binding international agreement at Copenhagen, and from there, to ensure that we have, on a harmonized basis, continental targets and continental rules and regulations with respect to a cap and trade system.
The United States president last week announced a reduction target of minus 17% by 2020 from a 2005 base. The Canadian policy for the last two years has been minus 20% by 2020 from a 2006 base.
These are virtually identical, and we will make whatever minor adjustments are necessary to make them absolutely identical with the same baseline.